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4//SEC Filing

Hornish Thomas E 4

Accession 0001179110-12-006862

CIK 0000760326other

Filed

Apr 15, 8:00 PM ET

Accepted

Apr 16, 8:15 PM ET

Size

6.2 KB

Accession

0001179110-12-006862

Insider Transaction Report

Form 4
Period: 2012-04-15
Hornish Thomas E
COO/General Counsel
Transactions
  • Tax Payment

    Common Stock

    2012-04-15$7.17/sh1,835$13,157366,051 total
Footnotes (4)
  • [F1]Twenty Thousand (20,000) restricted shares, subject to forfeiture, shall vest in equal quarterly installments on January 15, April 15, July 15, and October 15 of each year, beginning on July 15, 2012, such that the entire Twenty Thousand (20,000) shares of restricted stock will be vested as of April 15, 2013.
  • [F2]Thirty thousand (30,000) shares are restricted shares, subject to forfeiture, such shares of restricted stock will be vested as of February 1, 2013.
  • [F3]One Hundred Forty Two Thousand Five Hundred (142,500) restricted shares, subject to forfeiture shall vest as follows: In 2012, 22,500 shares shall vest in equal quarterly installments of 7,500 shares each, beginning on June 30, 2012, such that the entire 22,500 shares shall have vested on December 31, 2012, (ii) In 2013, 40,000 shares shall vest in equal quarterly installments of 10,000 shares each, commencing on March 31, 2013, such that the entire 40,000 shares shall have vested on December 31, 2013; and (iii) In 2014, 80,000 shares shall vest in equal quarterly installments of 20,000 shares each, commencing on March 31, 2014, such that the entire 80,000 shares shall have vested on December 31, 2014.
  • [F4]Notwithstanding the foregoing, upon a change in control, the vesting of all restricted shares shall accelerate 100%.

Issuer

OUTDOOR CHANNEL HOLDINGS INC

CIK 0000760326

Entity typeother

Related Parties

1
  • filerCIK 0001312036

Filing Metadata

Form type
4
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 8:15 PM ET
Size
6.2 KB