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Home/Filings/4/0001209191-12-045805
4//SEC Filing

Finuf Danny 4

Accession 0001209191-12-045805

CIK 0000880059other
View on SEC.govCompany Profile

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 6:41 PM ET

Size

32.7 KB

Accession

0001209191-12-045805

Insider Transaction Report

Form 4
Period: 2012-09-13
EDUCATION MANAGEMENT CORPORATIONEDMC
Finuf Danny
Pres. Brown Mackie Colleges
Transactions
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−6,209→ 6,209 total
    Exercise: $13.41Exp: 2017-06-27→ Common Stock (6,209 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−75,000→ 75,000 total
    Exercise: $14.68Exp: 2020-09-29→ Common Stock (75,000 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+4,109→ 4,109 total
    Exercise: $3.59From: 2013-09-13Exp: 2018-06-27→ Common Stock (4,109 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+4,111→ 4,111 total
    Exercise: $3.59Exp: 2018-06-27→ Common Stock (4,111 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+57,692→ 57,692 total
    Exercise: $3.59Exp: 2020-09-29→ Common Stock (57,692 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−41,381→ 41,381 total
    Exercise: $11.18Exp: 2016-05-31→ Common Stock (41,381 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−70,000→ 70,000 total
    Exercise: $20.93Exp: 2021-11-02→ Common Stock (70,000 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−41,381→ 41,381 total
    Exercise: $11.18From: 2011-06-01Exp: 2016-05-31→ Common Stock (41,381 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+49,645→ 49,648 total
    Exercise: $3.59Exp: 2021-11-02→ Common Stock (49,648 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−6,205→ 6,205 total
    Exercise: $13.41From: 2012-06-28Exp: 2017-06-27→ Common Stock (6,205 underlying)
  • Disposition to Issuer

    Employee Stock Options (right to buy)

    2012-09-13−22,369→ 22,369 total
    Exercise: $18.00Exp: 2019-09-30→ Common Stock (22,369 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+27,772→ 27,772 total
    Exercise: $3.59Exp: 2017-05-31→ Common Stock (27,772 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+15,426→ 15,426 total
    Exercise: $3.59Exp: 2019-09-30→ Common Stock (15,426 underlying)
  • Award

    Employee Stock Options (right to buy)

    2012-09-13+27,772→ 27,772 total
    Exercise: $3.59From: 2013-09-13Exp: 2017-05-31→ Common Stock (27,772 underlying)
Footnotes (10)
  • [F1]The reporting person agreed to cancellation of these options in exchange for new options having a lower exercise price.
  • [F10]Of these options, 25% vest on September 13, 2013 and the remainder vest in three equal annual installments on each November 2, 2013 to 2015.
  • [F2]Options were to vest based on investment returns to certain of the Company's shareholders.
  • [F3]Options were to vest in four equal annual installments on each October 1, 2010 to 2014.
  • [F4]Options were to vest in four equal annual installments on each September 30, 2011 to 2015.
  • [F5]Options were to vest in four equal annual installments on each November 3, 2012 to 2015.
  • [F6]The reporting person agreed to the cancellation of options previously granted to him in exchange for new options having a lower exercise price.
  • [F7]Options vest based on investment returns to certain of the Company's shareholders, which have not been staisfied.
  • [F8]Of these options, 75% vest on September 13, 2013 and 25% vest on October 1, 2014.
  • [F9]Of these options, 50% vest on September 13, 2013 and 25% vest on September 30, 2014 and 25% vest on September 30, 2015.

Documents

1 file

Issuer

EDUCATION MANAGEMENT CORPORATION

CIK 0000880059

→
Entity typeother

Related Parties

1
  • filerCIK 0001473627

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 6:41 PM ET
Size
32.7 KB
View on SEC.gov