Pendrell Corp 4
4 · Pendrell Corp · Filed Jan 4, 2017
Insider Transaction Report
Form 4
MIKLES LEE E
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit Award
2017-01-01−100,000→ 200,000 totalExercise: $0.00From: 2017-01-01Exp: 2025-06-15→ Class A Common Stock (100,000 underlying) - Exercise/Conversion
Class A Common Stock
2017-01-01+100,000→ 211,257 total
Holdings
- 1,000(indirect: By Trust)
Class A Common Stock
- 100(indirect: By custodial account for the benefit of son)
Class A Common Stock
- 8,610(indirect: By Trust)
Class A Common Stock
- 7,479(indirect: By Spouse)
Class A Common Stock
Footnotes (4)
- [F1]Vested restricted stock units were distributed to the reporting person, without payment, in shares of Class A Common Stock on a unit-for-share basis on the vesting date.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
- [F3]Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
- [F4]On June 15, 2015, the reporting person was granted 300,000 restricted stock units. 100,000 restricted stock units vested on January 1, 2017. If the reporting person remains engaged, 100,000 restricted stock units will vest on each of January 1, 2018 and January 1, 2019.