4//SEC Filing
South John T. III 4
Accession 0001209191-12-045852
CIK 0000880059other
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 9:41 PM ET
Size
32.7 KB
Accession
0001209191-12-045852
Insider Transaction Report
Form 4
South John T. III
See Remarks
Transactions
- Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−14,964→ 14,964 totalExercise: $13.41Exp: 2017-06-27→ Common Stock (14,964 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−75,000→ 75,000 totalExercise: $14.68Exp: 2020-09-29→ Common Stock (75,000 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+42,553→ 42,553 totalExercise: $3.59Exp: 2021-11-02→ Common Stock (42,553 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+66,955→ 66,955 totalExercise: $3.59Exp: 2017-05-31→ Common Stock (66,955 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+66,955→ 66,955 totalExercise: $3.59From: 2013-09-13Exp: 2017-05-31→ Common Stock (66,955 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+9,909→ 9,909 totalExercise: $3.59From: 2013-09-13Exp: 2018-06-27→ Common Stock (9,909 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−99,763→ 99,763 totalExercise: $11.18Exp: 2016-05-31→ Common Stock (99,763 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−99,763→ 99,763 totalExercise: $11.18From: 2011-06-01Exp: 2016-05-31→ Common Stock (99,763 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−22,369→ 22,369 totalExercise: $18.00Exp: 2019-09-30→ Common Stock (22,369 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−14,964→ 14,964 totalExercise: $13.41From: 2012-06-28Exp: 2017-06-27→ Common Stock (14,964 underlying) - Disposition to Issuer
Employee Stock Options (right to buy)
2012-09-13−60,000→ 60,000 totalExercise: $20.93Exp: 2021-11-02→ Common Stock (60,000 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+15,426→ 15,426 totalExercise: $3.59Exp: 2019-09-30→ Common Stock (15,426 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+9,909→ 9,909 totalExercise: $3.59Exp: 2018-06-27→ Common Stock (9,909 underlying) - Award
Employee Stock Options (right to buy)
2012-09-13+57,692→ 57,692 totalExercise: $3.59Exp: 2020-09-29→ Common Stock (57,692 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, 2013.
- [F9]Of these options, 50% vest on September 13, 2013 and 25% vest on September 30, 2013 and 25% vest on September 30, 2014.
Documents
Issuer
EDUCATION MANAGEMENT CORPORATION
CIK 0000880059
Entity typeother
Related Parties
1- filerCIK 0001473631
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 9:41 PM ET
- Size
- 32.7 KB