Taitz Daniel M 4
4 · MARTHA STEWART LIVING OMNIMEDIA INC · Filed Mar 5, 2013
Insider Transaction Report
Form 4
Taitz Daniel M
CAO, General Counsel
Transactions
- Award
Performance Restricted Stock Units
2013-03-01+20,000→ 20,000 totalExp: 2014-08-22→ Class A Common Stock, par value $0.01 (20,000 underlying) - Award
Restricted Stock Units
2013-03-01+20,000→ 20,000 total→ Class A Common Stock, par value $0.01 (20,000 underlying) - Award
Stock Options (Right to Buy)
2013-03-01$2.48/sh+50,000$124,000→ 50,000 totalExercise: $2.48Exp: 2023-08-21→ Class A Common Stock, par value $0.01 (50,000 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]10,000 of these time-vested restricted stock units will vest on each of 3/1/14 and 3/1/15.
- [F3]25,000 of these options will vest on each of 3/1/14 and 3/1/15.
- [F4]100% 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 $6 during any 30 consecutive trading days during the Performance Period.