4//SEC Filing
Smith Justin L 4
Accession 0001181431-12-051071
CIK 0001083712other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 5:00 PM ET
Size
9.0 KB
Accession
0001181431-12-051071
Insider Transaction Report
Form 4
Smith Justin L
Director
Transactions
- Sale
Common Stock
2012-09-14$2.15/sh−150,000$322,050→ 374,104 total
Holdings
- 2,857
Employee Stock Option (right to buy)
Exercise: $6.44Exp: 2021-09-08→ Common Stock (2,857 underlying) - 5,714
Employee Stock Option (right to buy)
Exercise: $3.71Exp: 2021-12-12→ Common Stock (5,714 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.14 to $2.77, inclusive. The reporting person undertakes to provide to WebMediaBrands Inc., any security holder of WebMediaBrands Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the stated range.
- [F2]On August 16, 2012, WebMediaBrands Inc. effected a one-for-seven reverse stock split of the company's common stock. As a result, the reporting person's 3,668,731 shares of common stock were combined and converted into 524,104 shares of common stock prior to giving effect to the transactions reported on this Form 4.
- [F3]The options were awarded on 09/08/2011 and vest over three years, with one-third vesting on each of the first, second and third anniversaries of the date of grant, provided the Optionee's employment continues.
- [F4]This option was previously reported as covering 20,000 shares at an exercise price of $0.92 per share, but was adjusted to reflect the one-for-seven reverse stock split that occurred on August 16, 2012.
- [F5]The options were awarded on 12/12/2011 and vest over three years, with one-third vesting on each of the first, second and third anniversaries of the date of grant, provided the Optionee's employment continues.
- [F6]This option was previously reported as covering 40,000 shares at an exercise price of $0.53 per share, but was adjusted to reflect the one-for-seven reverse stock split that occurred on August 16, 2012.
Documents
Issuer
WEBMEDIABRANDS INC.
CIK 0001083712
Entity typeother
Related Parties
1- filerCIK 0001520323
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 5:00 PM ET
- Size
- 9.0 KB