Lunsford Edwin Clements III 4
4 · Digital Domain Media Group, Inc. · Filed Nov 28, 2011
Insider Transaction Report
Form 4
Lunsford Edwin Clements III
General Counsel, Secretary, VP
Transactions
- Purchase
Common Stock
2011-11-21$6.45/sh+2,000$12,904→ 2,000 total
Holdings
- 280,000
Option
→ Common Stock (280,000 underlying) - 120,000
Option
→ Common Stock (120,000 underlying)
Footnotes (3)
- [F1]$6.45195 is the average price per share for a range of purchases at different prices. Reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares purchased at each respective different price.
- [F2]On July 29, 2010, Mr. Lunsford was granted options to purchase 280,000 shares of common stock at an exercise price of $4.50 per share, which options vest over two years in eight equal quarterly installments, commencing on November 1, 2010.
- [F3]On July 13, 2011, Mr. Lunsford was granted options to purchase 120,000 shares of common stock at an exercise price of $9.63 per share, which options vest over three years in twelve equal quarterly installments, commencing October 13, 2011.