4//SEC Filing
PENELLA MIGUEL 4
Accession 0001209191-18-056779
CIK 0001546381other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 4:41 PM ET
Size
20.5 KB
Accession
0001209191-18-056779
Insider Transaction Report
Form 4
PENELLA MIGUEL
DirectorSee Remarks
Transactions
- Disposition to Issuer
Restricted Stock Units
2018-10-31$6.25/sh−75,000$468,750→ 0 totalExercise: $2.40From: 2018-03-13Exp: 2020-03-13→ Common Stock, par value $0.001 per share (75,000 underlying) - Disposition to Issuer
Stock Options
2018-10-31$3.59/sh−700,000$2,512,300→ 0 totalExercise: $2.66From: 2019-03-13Exp: 2027-03-13→ Common Stock, par value $0.001 per share (700,000 underlying) - Disposition to Issuer
Performance Stock Units
2018-10-31$6.25/sh−200,000$1,250,000→ 281,250 totalExercise: $2.40From: 2018-03-31Exp: 2020-03-31→ Common Stock, par value $0.001 per share (200,000 underlying) - Disposition to Issuer
Performance Stock Units
2018-10-31$6.25/sh−281,250$1,757,813→ 0 totalExercise: $2.40From: 2018-03-31Exp: 2020-03-31→ Common Stock, par value $0.001 per share (281,250 underlying) - Disposition to Issuer
Common Stock, par value $0.001 per share
2018-10-31$6.25/sh−276,982$1,731,138→ 0 total - Disposition to Issuer
Restricted Stock Units
2018-10-31$6.25/sh−150,000$937,500→ 75,000 totalExercise: $2.40From: 2018-03-13Exp: 2020-03-13→ Common Stock, par value $0.001 per share (150,000 underlying) - Disposition to Issuer
Stock Options
2018-10-31$3.25/sh−700,000$2,275,000→ 0 totalExercise: $3.00From: 2021-03-13Exp: 2027-03-13→ Common Stock, par value $0.001 per share (700,000 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to the Merger Agreement by and among the issuer, AMC Networks Inc., Digital Entertainment Holdings LLC, and River Merger Sub Inc. for $6.25 per share on the effective date of the merger.
- [F2]This option was cancelled and converted into the right to receive an amount in cash equal to the product of the number of shares issuable upon exercise of such option multiplied by $6.25 minus the exercise price of such option.
- [F3]This option, which provides for vesting March 13, 2021, was cancelled and converted into an award to receive, on the earlier of the date on which each such option is scheduled to vest (subject to the achievement of the vesting conditions) and the first anniversary of the closing, subject to continued employment through that date, an amount in cash equal to the product of the number of shares issuable upon exercise of such option multiplied by $6.25 minus the exercise price of such option.
- [F4]These RSUs became fully vested and converted into the right to receive an amount in cash equal to the product of the number of shares underlying such RSU multiplied by $6.25.
- [F5]This RSU, which provides for vesting on 12/31/2020, was cancelled and converted into an award to receive, on the earlier of the date on which each such RSU is scheduled to vest (subject to the achievement of the vesting conditions) and the first anniversary of the closing, subject to continued employment through that date, an amount in cash equal to the product of the number of shares underlying such RSU multiplied by $6.25.
- [F6]This PSU became fully vested and converted into the right to receive an amount in cash equal to the product of the number of shares underlying such vested PSU multiplied by $6.25.
- [F7]This PSU, which provides for vesting through 12/31/2020, was cancelled and converted into an award to receive, on the earlier of the date on which such PSU is scheduled to vest (subject to the achievement of the vesting conditions) and the first anniversary of the closing, subject to continued employment through that date, an amount in cash equal to the product of the number of shares underlying such PSU multiplied by $6.25.
Documents
Issuer
RLJ ENTERTAINMENT, INC.
CIK 0001546381
Entity typeother
Related Parties
1- filerCIK 0001558375
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 4:41 PM ET
- Size
- 20.5 KB