4//SEC Filing
Freiberg Gregory William 4
Accession 0001209191-17-062061
CIK 0001579684other
Filed
Nov 20, 7:00 PM ET
Accepted
Nov 21, 4:31 PM ET
Size
11.0 KB
Accession
0001209191-17-062061
Insider Transaction Report
Form 4
Freiberg Gregory William
CFO and CAO
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2017-11-17$14.37/sh+25,000$359,250→ 142,769 total - Tax Payment
Common Stock, par value $0.01 per share
2017-11-17$16.63/sh−21,603$359,258→ 121,166 total - Exercise/Conversion
Stock Option (right to buy)
2017-11-17−25,000→ 0 totalExercise: $14.37Exp: 2024-09-23→ Common Stock, par value $0.01 per share (25,000 underlying)
Holdings
- 50,500(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]No shares were sold. Reflects deemed surrender of shares to satisfy the exercise price due upon exercise of the associated option.
- [F2]Tandem awards correspond on a one-to-one basis with options granted to FIG LLC, the Company's manager (or an affiliate of the Company's manager), such that exercise by an employee of the tandem award would result in the corresponding option held by the manager being cancelled. Upon the grant of options to the manager (or an affiliate), such options are fully vested and become exercisable over a 30-month period (the "Total Exercisability Period") in equal monthly installments beginning on the first of each month following the month in which the options were granted. (Continued in Footnote 3)
- [F3]When tandem awards are granted with respect to manager options, the manager options become exercisable in equal monthly installments over a portion of the Total Exercisability Period equal to the product of (i) the ratio of manager options not subject to corresponding tandem options to the total number of manager options (including manager options underlying such tandem awards subject to corresponding tandem options) multiplied by (ii) 30 (such period, the "Manager Exercisability Period"). Following the Manager Exercisability Period, the tandem awards vest in generally equal monthly installments on the first of each month over the remainder of the Total Exercisability Period and become exercisable only at the end of the Total Exercisability Period.
- [F4]Represents the expiration date of the related manager option. In general, the expiration date of the tandem award occurs prior to the expiration date of the underlying option.
Documents
Issuer
New Media Investment Group Inc.
CIK 0001579684
Entity typeother
Related Parties
1- filerCIK 0001361906
Filing Metadata
- Form type
- 4
- Filed
- Nov 20, 7:00 PM ET
- Accepted
- Nov 21, 4:31 PM ET
- Size
- 11.0 KB