4//SEC Filing
MAYER MARC O 4
Accession 0001209191-21-016170
CIK 0001524223other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 5:06 PM ET
Size
13.3 KB
Accession
0001209191-21-016170
Insider Transaction Report
Form 4
MAYER MARC O
DirectorChief Executive Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.01
2021-02-26$7.46/sh−130,451$973,164→ 1,117,721 total - Exercise/Conversion
Class A Common Stock, par value $0.01
2021-02-26$2.01/sh+38,334$77,051→ 1,248,172 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-02-26−161,666→ 1,155,000 totalExercise: $2.01From: 2020-12-30Exp: 2024-12-30→ Class A Common Stock, par value $0.01 (161,666 underlying) - Exercise/Conversion
Class A Common Stock, par value $0.01
2021-02-26$2.01/sh+161,666$324,949→ 1,209,838 total - Exercise/Conversion
Employee Stock Option (right to buy)
2021-02-26−38,334→ 295,000 totalExercise: $2.01From: 2021-01-01Exp: 2025-01-01→ Class A Common Stock, par value $0.01 (38,334 underlying)
Footnotes (3)
- [F1]Includes 163,399 restricted stock units that will convert to common stock on a one-for-one basis. The restricted stock units are subject to time vesting, with one-fourth of such restricted stock units vesting on each of February 1, 2023, February 1, 2024, February 1, 2025 and February 1, 2026.
- [F2]289,000 options became exercisable on February 10, 2021 and 289,000 options became exercisable on February 26, 2021. The remaining options become exercisable, if at all, if the average closing price per share of Class A Common Stock of the Company equals or exceeds the applicable target price per share for 20 consecutive trading days on or before the applicable dates as follows: (i) 289,000 shares if the target price of $7.25 is reached by December 31, 2025; and (ii) 288,000 shares if the target price of $7.75 is reached by December 31, 2025.
- [F3]Of the remaining options, 128,332 options vested on January 1, 2021 and 166,668 will vest on January 1, 2022.
Documents
Issuer
Manning & Napier, Inc.
CIK 0001524223
Entity typeother
Related Parties
1- filerCIK 0001234347
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 5:06 PM ET
- Size
- 13.3 KB