4//SEC Filing
BUCHARDT TODD 4
Accession 0001209191-10-005582
CIK 0001466815other
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 4:29 PM ET
Size
9.3 KB
Accession
0001209191-10-005582
Insider Transaction Report
Form 4
BUCHARDT TODD
General Counsel & Secretary
Transactions
- Award
Stock Options (right to buy)
2010-01-27+43,750→ 43,750 totalExercise: $6.50Exp: 2010-01-27→ Common Stock, par value $0.001 per share (43,750 underlying) - Award
Stock Options (right to buy)
2010-01-27+131,250→ 131,250 totalExercise: $4.50Exp: 2010-01-27→ Common Stock, par value $0.001 per share (131,250 underlying)
Footnotes (3)
- [F1]On January 27, 2010, Todd W. Buchardt (the "Reporting Person") was granted options to purchase an aggregate of 175,000 shares of common stock, par value $0.001 per share ("Common Stock"), of Cambium Learning Group, Inc. (the "Company") in consideration of his services as an executive officer of the Company. These options were granted to the Reporting Person pursuant and subject to the Company's 2009 Equity Incentive Plan. Of these options, (i) options to purchase 131,250 shares of Common Stock have a per-share exercise price of $4.50 (the "$4.50 Options"), and (ii) options to purchase 43,750 shares of Common Stock have a per-share exercise price of $6.50 (the "$6.50 Options").
- [F2]The $4.50 Options vest in equal increments of twenty-five percent (25%) per year beginning on December 8, 2010 (the "Initial Vesting Date"), such that the $4.50 Options will vest as to one-quarter (1/4) of the 131,250 shares on the Initial Vesting Date and on each of the second, third and fourth anniversaries of the Initial Vesting Date.
- [F3]The $6.50 Options vest in equal increments of twenty-five percent (25%) per year beginning on the Initial Vesting Date, such that the $6.50 Options will vest as to one-quarter (1/4) of the 43,750 shares on the Initial Vesting Date and on each of the second, third and fourth anniversaries of the Initial Vesting Date.
Documents
Issuer
CAMBIUM LEARNING GROUP, INC.
CIK 0001466815
Entity typeother
Related Parties
1- filerCIK 0001217397
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 4:29 PM ET
- Size
- 9.3 KB