MARTHA STEWART LIVING OMNIMEDIA INC 4
4 · MARTHA STEWART LIVING OMNIMEDIA INC · Filed Dec 4, 2015
Insider Transaction Report
Form 4
ROSKIN WILLIAM A
Director
Transactions
- Disposition to Issuer
Stock Options (Right to Buy)
2015-12-04−16,667→ 0 totalExercise: $5.77→ Class A Common Stock (16,667 underlying) - Disposition to Issuer
Stock Options (Right to Buy)
2015-12-04−22,234→ 0 totalExercise: $5.28→ Class A Common Stock (22,234 underlying) - Disposition to Issuer
Class A Common Stock, par value $0.01
2015-12-04−114,272→ 0 total - Disposition to Issuer
Stock Options (Right to Buy)
2015-12-04−31,250→ 0 totalExercise: $3.06→ Class A Common Stock (31,250 underlying)
Footnotes (2)
- [F1]Disposed pursuant to the transactions contemplated under the Agreement and Plan of Merger, dated as of June 22, 2015, as amended, by and among Sequential Brands Group, Inc. ("Sequential"), Martha Stewart Living Omnimedia, Inc. (the "Company"), Singer Madeline Holdings, Inc. (which was renamed Sequential Brands Group, Inc. and is the successor issuer to Sequential and the Company as of the effective time)("Holdings"), Madeline Merger Sub, Inc. and Singer Merger Sub, Inc. (the "Merger Agreement"). In accordance with the Merger Agreement and the transactions contemplated therein, at the effective time of the merger transactions, Mr. Roskin was entitled to receive merger consideration valued at $6.15 per share.
- [F2]Pursuant to the transactions contemplated under the Merger Agreement, these options were cancelled in exchange for a cash payment representing the difference between the exercise price of the option and the merger consideration of $6.15 per share.