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MARTHA STEWART LIVING OMNIMEDIA INC 4

Accession 0001209191-14-000467

CIK 0001091801operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 9:48 AM ET

Size

33.6 KB

Accession

0001209191-14-000467

Insider Transaction Report

Form 4
Period: 2013-12-31
Taitz Daniel M
CAO, General Counsel
Transactions
  • Exercise/Conversion

    Class A Common Stock, par value $0.01

    2013-12-31+20,00053,620 total
  • Exercise/Conversion

    Performance Restricted Stock Units

    2013-12-3120,0000 total
    Class A Common Stock, par value $0.01 (20,000 underlying)
  • Exercise/Conversion

    Performance Restricted Stock Units

    2013-12-31120,0000 total
    Class A Common Stock, par value $0.01 (120,000 underlying)
  • Exercise/Conversion

    Performance Stock Options (Right to Buy)

    2013-12-31200,0000 total
    Class A Common Stock, par value $0.01 (200,000 underlying)
  • Exercise/Conversion

    Class A Common Stock, par value $0.01

    2013-12-31+16,66733,477 total
  • Tax Payment

    Class A Common Stock, par value $0.01

    2013-12-31$4.20/sh6,161$25,87627,316 total
  • Exercise/Conversion

    Class A Common Stock, par value $0.01

    2013-12-31+10,00037,316 total
  • Tax Payment

    Class A Common Stock, par value $0.01

    2013-12-31$4.20/sh3,696$15,52333,620 total
  • Tax Payment

    Class A Common Stock, par value $0.01

    2013-12-31$4.20/sh7,394$31,05546,226 total
  • Exercise/Conversion

    Restricted Stock Unit

    2013-12-3133,3330 total
    Class A Common Stock, par value $0.01 (33,333 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2013-12-3120,0000 total
    Class A Common Stock, par value $0.01 (20,000 underlying)
  • Exercise/Conversion

    Stock Options (Right to Buy)

    2013-12-3133,33366,667 total
    Exercise: $3.15Exp: 2013-03-31Class A Common Stock, par value $0.01 (33,333 underlying)
Holdings
  • Stock Options (Right to Buy)

    Exercise: $2.48Exp: 2013-03-31Class A Common Stock, par value $0.01 (50,000 underlying)
    50,000
Footnotes (17)
  • [F1]Represents the conversion upon vesting of restricted stock units into Class A Common Stock.
  • [F10]In accordance with Mr. Taitz's Employment Agreement, RSUs that had a vesting date within twelve months of Mr. Taitz's Termination Date, vested on December 31, 2013. Accordingly, 10,000 RSUs vested on December 31, 2013 and 10,000 were forfeited.
  • [F11]In accordance with Mr. Taitz's March RSU Agreement, all restricted stock units granted pursuant to the March RSU Agreement and unvested as of the Termination Date, vested on December 31, 2013. Accordingly, 20,000 restricted stock units vested on December 31, 2013.
  • [F12]In accordance with Mr. Taitz's Employment Agreement, stock options that had a vesting date within twelve months of Mr. Taitz's Termination Date, vested on December 31, 2013. Accordingly, 33,333 stock options vested on December 31, 2013 and 33,333 stock options were forfeited. Mr. Taitz will have three months following the Termination Date to exercise his vested stock options.
  • [F13]33,334 of these stock options previously vested on August 22, 2013.
  • [F14]In accordance with Mr. Taitz's Stock Option Agreement, dated as of March 1, 2013 (the "March Option Agreement"), all stock options granted pursuant to the March Option Agreement and unvested as of the Termination Date, vested on December 31, 2013. Accordingly, 50,000 options vested on December 31, 2013. Mr. Taitz will have three months following the Termination Date to exercise his vested stock options.
  • [F15]In accordance with Mr. Taitz's Employment Agreement, performance restricted stock units that did not meet the performance targets were forfeited as of the Termination Date.
  • [F16]In accordance with Mr. Taitz's Employment Agreement, performance stock options that did not meet the performance targets were forfeited as of the Termination Date.
  • [F17]In accordance with Mr. Taitz's Performance Restricted Stock Units Agreement, dated as of March 1, 2013, performance restricted stock units that did not meet the performance targets were forfeited as of the Termination Date.
  • [F2]In accordance with Mr. Taitz's employment agreement, dated August 22, 2011, as amended (the "Employment Agreement"), restricted stock units that had a vesting date within twelve months of the termination of Mr. Taitz's employment on December 31, 2013 (the "Termination Date"), vested on December 31, 2013.
  • [F3]Represents 6,161 shares of Class A Common Stock withheld to pay applicable withholding taxes in connection with the vesting of 16,667 restricted stock units.
  • [F4]In accordance with Mr. Taitz's Employment Agreement, restricted stock units that had a vesting date within twelve months of Mr. Taitz's Termination Date, vested on December 31, 2013.
  • [F5]Represents 3,696 shares of Class A Common Stock withheld to pay applicable withholding taxes in connection with the vesting of 10,000 restricted stock units.
  • [F6]In accordance with Mr. Taitz's Restricted Stock Unit Agreement, dated as of March 1, 2013 (the "March RSU Agreement"), all restricted stock units granted pursuant to the March RSU Agreement and unvested as of the Termination Date, vested on December 31, 2013.
  • [F7]Represents 7,394 shares of Class A Common Stock withheld to pay applicable withholding taxes in connection with the vesting of 20,000 restricted stock units.
  • [F8]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  • [F9]In accordance with Mr. Taitz's Employment Agreement, restricted stock units that had a vesting date within twelve months of Mr. Taitz's Termination Date, vested on December 31, 2013. Accordingly, 16,667 RSUs vested on December 31, 2013 and 16,666 were forfeited.

Issuer

MARTHA STEWART LIVING OMNIMEDIA INC

CIK 0001091801

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001091801

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 9:48 AM ET
Size
33.6 KB