4//SEC Filing
DEMAND MEDIA INC. 4
Accession 0001184246-16-000008
CIK 0001365038operating
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 7:20 PM ET
Size
11.6 KB
Accession
0001184246-16-000008
Insider Transaction Report
Form 4
PLEASANTS JOHN
Director
Transactions
- Award
Common Stock, $.0001 par value
2016-11-03+13,761→ 13,761 total - Award
Stock Option (right to buy)
2016-11-03+27,523→ 27,523 totalExercise: $5.45Exp: 2026-11-03→ Common Stock (27,523 underlying)
Footnotes (3)
- [F1]In connection with Mr. Pleasants' appointment to the Company's board of directors (the "Board") on November 3, 2016 and pursuant to the Company's Outside Director Compensation Program, Mr. Pleasants' was granted 13,761 restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Company's common stock upon vesting. Subject to Mr. Pleasants' continued service on the Board through the applicable vesting date, 4,587 of the RSUs will vest on November 3, 2017 and the remaining RSUs will vest in eight (8) substantially equal installments on each three-month anniversary of November 3, 2017 thereafter.
- [F2]Includes 13,761 unvested RSUs.
- [F3]In connection with Mr. Pleasants' appointment to the Board on November 3, 2016 and pursuant to the Company's Outside Director Compensation Program, Mr. Pleasants' was granted a non-qualified stock option covering 27,523 shares of the Company's common stock. Subject to Mr. Pleasants' continued service on the Board through the applicable vesting date, approximately one-third (1/3) of the shares subject to this stock option will vest and become exercisable on November 3, 2017, and an additional 1/36th of the shares subject to this stock option will vest and become exercisable on each monthly anniversary of November 3, 2017.
Issuer
DEMAND MEDIA INC.
CIK 0001365038
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001365038
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 7:20 PM ET
- Size
- 11.6 KB