4//SEC Filing
Neary Thomas J 4
Accession 0001209191-12-053580
CIK 0001359555other
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 5:24 PM ET
Size
16.6 KB
Accession
0001209191-12-053580
Insider Transaction Report
Form 4
Neary Thomas J
Chief Financial Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2012-11-14+243,750→ 243,750 totalExercise: $1.21From: 2013-08-24Exp: 2022-08-24→ Class A Common Stock (243,750 underlying) - Award
Restricted Stock Unit Award
2012-11-14+40,625→ 40,625 totalExercise: $0.00From: 2012-11-14Exp: 2016-08-24→ Class A Common Stock (40,625 underlying) - Award
Employee Stock Option (Right to Buy)
2012-11-14+30,000→ 30,000 totalExercise: $2.64From: 2013-02-15Exp: 2022-02-15→ Class A Common Stock (30,000 underlying) - Award
Restricted Stock Unit Award
2012-11-14+40,625→ 40,625 totalExercise: $0.00From: 2013-08-24Exp: 2022-08-24→ Class A Common Stock (40,625 underlying) - Award
Class A Common Stock
2012-11-14+50,000→ 200,000 total
Footnotes (9)
- [F1]The restricted stock award was approved by the compensation committee of the Issuer's board of directors on February 7, 2012, effective February 15, 2012, subject to stockholder approval of the Pendrell Corporation 2012 Equity Incentive Plan (the "2012 Plan"). The Issuer's stockholders approved the 2012 Plan on November 14, 2012. The restricted stock award is subject to vesting conditions as established by the compensation committee of the Issuer's board of directors.
- [F2]The option grant was approved by the compensation committee of the Issuer's board of directors on February 7, 2012, effective February 15, 2012, subject to stockholder approval of the 2012 Plan. The Issuer's stockholders approved the 2012 Plan on November 14, 2012.
- [F3]The option vests as to 25% of the total grant on each of February 15, 2013, February 15, 2014, February 15, 2015 and February 15, 2016, subject to the continued employment of the Reporting Person through such dates.
- [F4]The option grant was approved by the compensation committee of the Issuer's board of directors on August 9, 2012, effective August 24, 2012, subject to stockholder approval of the 2012 Plan. The Issuer's stockholders approved the 2012 Plan on November 14, 2012.
- [F5]The option vests as to 25% of the total grant on each of August 24, 2013, August 24, 2014, August 24, 2015 and August 24, 2016, subject to the continued employment of the Reporting Person through such dates.
- [F6]Converts into Class A Common Stock on a one-for-one basis upon vesting.
- [F7]The restricted stock units were approved by the compensation committee of the Issuer's board of directors on August 9, 2012, effective August 24, 2012, subject to stockholder approval of the 2012 Plan. The Issuer's stockholders approved the Plan on November 14, 2012.
- [F8]The restricted stock units vest as to 25% of the total grant on each of August 24, 2013, August 24, 2014, August 24, 2015 and August 24, 2016, subject to the continued employment of the Reporting Person through such dates.
- [F9]The restricted stock units will vest as to (i) 50% of the award when the average closing share price of the Issuer's Class A Common Stock for any 60 consecutive calendar days, as reported on Nasdaq, is $2.00 or higher; and (ii) 50% of the award when the average closing share price of the Issuer's Class A Common Stock for any 60 consecutive calendar days, as reported on Nasdaq, is $3.00 or higher, subject to the continued employment of the Reporting Person through such dates.
Documents
Issuer
Pendrell Corp
CIK 0001359555
Entity typeother
Related Parties
1- filerCIK 0001526493
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 5:24 PM ET
- Size
- 16.6 KB