4//SEC Filing
Lagani Joseph 4
Accession 0001209191-11-059554
CIK 0001091801other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 6:32 PM ET
Size
14.2 KB
Accession
0001209191-11-059554
Insider Transaction Report
Form 4
Lagani Joseph
EVP, Chief Revenue Officer
Transactions
- Award
Performance Stock Options (Right to Buy)
2011-12-01+125,000→ 125,000 totalExp: 2021-11-30→ Class A Common Stock, par value $0.01 (125,000 underlying) - Award
Restricted Stock Units
2011-12-01+50,000→ 50,000 totalExp: 2015-11-07→ Class A Common Stock, par value $0.01 (50,000 underlying) - Award
Performance Restricted Stock Units
2011-12-01+60,000→ 60,000 totalExp: 2014-11-08→ Class A Common Stock, par value $0.01 (60,000 underlying) - Award
Stock Options (Right to Buy)
2011-12-01+75,000→ 75,000 totalExercise: $2.90Exp: 2021-11-30→ Class A Common Stock, par value $0.01 (75,000 underlying)
Footnotes (4)
- [F1]16,667 of these time-vested Restricted Stock Units will vest on each of 11/7/13 and 11/7/14. The remaining 16,666 of these time-vested Restricted Stock Units will vest on 11/7/15.
- [F2]15,000 of the performance restricted stock units ("PRSU's) will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $8 during any 30 consecutive trading days during the period beginning on November 8, 2011 and ending on November 8, 2014 (the "Performance Period"). 15,000 of the PRSU's will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $10 during any 30 consecutive trading days during the Performance Period. 15,000 of the PRSU's will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $12 during any 30 consecutive trading days during the Performance Period. 15,000 of the PRSU's will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $14 during any 30 consecutive trading days during the Performance Period.
- [F3]25,000 of these time-vested options will vest on each of 11/7/2013, 11/7/2014 and 11/7/2015.
- [F4]31,250 of the performance options have an exercise price of $6 and will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $6 during any 30 consecutive trading days during the Performance Period. 31,250 of the performance options have an exercise price of $8 and will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $8 during any 30 consecutive trading days during the Performance Period. 31,250 of the performance options have an exercise price of $10 and will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $10 during any 30 consecutive trading days during the Performance Period. 31,250 of the performance options have an exercise price of $12 and will vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $12 during any 30 consecutive trading days of the Performance Period.
Documents
Issuer
MARTHA STEWART LIVING OMNIMEDIA INC
CIK 0001091801
Entity typeother
Related Parties
1- filerCIK 0001535101
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 6:32 PM ET
- Size
- 14.2 KB