James G Joshua 4
4 · DEMAND MEDIA INC. · Filed Aug 27, 2012
Insider Transaction Report
Form 4
James G Joshua
Director
Transactions
- Award
Common Stock, $0.0001 par value
2012-08-23+7,500→ 7,500 total
Holdings
- 32,727(indirect: See Footnote)
Common Stock, $0.0001 par value
Footnotes (2)
- [F1]Mr. James was granted Restricted Stock Units as a non-employee director pursuant to the amended Demand Media, Inc. Outside Director Compensation Program, whereby each non-employee director is entitled to receive an annual Restricted Stock Unit award after the conclusion of each annual meeting of stockholders. Demand Media's annual stockholder meeting was held on June 13, 2012. Each Restricted Stock Unit represents the right to receive one (1) share of DMD Common Stock, par value $0.0001 per share, for each Restricted Stock Unit upon vesting. The Restricted Stock Units vest in twelve (12) substantially equal installments commencing on the date of grant, with the next vesting to occur on November 15, 2012 and then each three (3) month anniversary thereafter.
- [F2]These securities are directly held by Cocolalla, LLC of which the reporting person is the managing member.