MARTHA STEWART LIVING OMNIMEDIA INC 4
4 · MARTHA STEWART LIVING OMNIMEDIA INC · Filed Dec 4, 2015
Insider Transaction Report
Form 4
Transactions
- Disposition to Issuer
Class B Common Stock, par value $0.01
2015-12-04−24,984,625→ 0 total→ Class A Common Stock, par value $0.01 (24,984,625 underlying)
Footnotes (2)
- [F1]Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
- [F2]Disposed of pursuant to the transactions contemplated under the Agreement and Plan of Merger, dated as of June 22, 2015, as amended, by and among the 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 to the Merger Agreement and the transactions contemplated therein, at the effective time of the merger transactions, Ms. Stewart was entitled to receive merger consideration valued at $6.15 per share.