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MARTHA STEWART LIVING OMNIMEDIA INC 4

Accession 0001209191-15-035089

CIK 0001091801operating
View on SEC.govCompany Profile

Filed

Apr 16, 8:00 PM ET

Accepted

Apr 17, 5:56 PM ET

Size

26.4 KB

Accession

0001209191-15-035089

Insider Transaction Report

Form 4
Period: 2015-03-20
MARTHA STEWART LIVING OMNIMEDIA INCMSO
WEST KENNETH P
EVP, Chief Financial Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock, par value $0.01

    2015-04-15+30,000→ 80,804 total
  • Tax Payment

    Class A Common Stock, par value $0.01

    2015-03-20$6.27/sh−13,884$87,053→ 50,804 total
  • Exercise/Conversion

    Performance Restricted Stock Units

    2015-04-15−30,000→ 60,000 total
    Exp: 2017-09-06→ Class A Common Stock, par value $0.01 (30,000 underlying)
  • Exercise/Conversion

    Performance Restricted Stock Units

    2015-03-20−30,000→ 90,000 total
    Exp: 2017-09-06→ Class A Common Stock, par value $0.01 (30,000 underlying)
  • Exercise/Conversion

    Class A Common Stock, par value $0.01

    2015-03-20+30,000→ 64,688 total
  • Tax Payment

    Class A Common Stock, par value $0.01

    2015-04-15$5.97/sh−13,901$82,989→ 66,903 total
Holdings

  • Restricted Stock Units

    → Class A Common Stock, par value $0.01 (16,666 underlying)
    16,666

  • Stock Options (Right to Buy)

    Exercise: $3.92Exp: 2023-12-15→ Class A Common Stock, par value $0.01 (30,000 underlying)
    30,000

  • Restricted Stock Units

    → Class A Common Stock, par value $0.01 (20,044 underlying)
    20,044

  • Stock Options (Right to Buy)

    Exercise: $3.08Exp: 2021-09-05→ Class A Common Stock, par value $0.01 (75,000 underlying)
    75,000

  • Performance Stock Options (Right to Buy)

    Exp: 2024-09-06→ Class A Common Stock, par value $0.01 (100,000 underlying)
    100,000

  • Stock Options (Right to Buy)

    Exercise: $2.48Exp: 2023-09-05→ Class A Common Stock, par value $0.01 (50,000 underlying)
    50,000

  • Restricted Stock Units

    → Class A Common Stock, par value $0.01 (30,000 underlying)
    30,000
Footnotes (12)
  • [F1]Represents the vesting of restricted stock units as a result of the achievement of certain performance criteria.
  • [F10]10,000 of these time-vested options vested on December 16, 2014. 10,000 of these time-vested options will vest on eaech of December 16, 2015 and December 16, 2016.
  • [F11]25,000 of these time-vested options vested on each of September 6, 2013 and September 6, 2014. The remaining 25,000 of these time-vested options will vest on September 6, 2015.
  • [F12]These options became fully vested on March 1, 2015
  • [F2]Represents shares withheld by the Company to satisfy tax withholding obligations that arose upon the vesting of Mr. West's performance restricted stock units.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  • [F4]30,000 of these PRSUs vest only if the trailing average closing price (the "TACP") of the Company's Class A Common Stock (the "Stock") is at least $5 during any 30 consecutive trading days during the period from 9/7/14 through 9/7/17 (the "Performance Period"). 30,000 of the PRSUs vest only if the TACP of the Stock is at least $6 during any 30 consecutive trading days during the Performance Period. 15,000 of the PRSUs vest only if the TACP of the Stock is at least $8 during any 30 consecutive trading days during the Performance Period. 15,000 of the PRSUs vest only if the TACP of the Stock is at least $10 during any 30 consecutive trading days during the Performance Period. 15,000 of the PRSUs vest only if the TACP of the Stock is at least $12 during any 30 consecutive trading days during the Performance Period. 15,000 of the PRSUs vest only if the TACP of the Stock is at least $14 during any 30 consecutive trading days during the Performance Period.
  • [F5]6,681 of these time-vested Restricted Stock Units will vest on each of March 2, 2016 and March 2, 2017. The remaining 6,682 of these time-vested Restricted Stock Units will vest on March 2, 2018.
  • [F6]On September 6, 2011, Mr. West was granted 50,000 restricted stock units, of which 16,667 vested on each of September 6, 2013 and September 6, 2014. The remaining 16,666 restricted stock units will vest on September 6, 2015.
  • [F7]25,000 of the performance options have an exercise price of $6 and 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. 25,000 of the performance options have an exercise price of $8 and vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $8 during any 30 consecutive trading days during the Performance Period. 25,000 of the performance options have an exercise price of $10 and vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $10 during any 30 consecutive trading days during the Performance Period. 25,000 of the performance options have an exercise price of $12 and vest if and only if the trailing average closing price of the Company's Class A Common Stock is at least $12 during any 30 consecutive trading days of the Performance Period.
  • [F8]Mr. West has vested in 25,000 performance options as a result of the achievement of certain performance criteria.
  • [F9]100% of these restricted stock units will vest on September 6, 2015.

Documents

1 file

Issuer

MARTHA STEWART LIVING OMNIMEDIA INC

CIK 0001091801

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001091801

Filing Metadata

Form type
4
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 5:56 PM ET
Size
26.4 KB
View on SEC.gov