4//SEC Filing
Blend L Michael 4
Accession 0001365038-12-000085
CIK 0001365038other
Filed
Dec 25, 7:00 PM ET
Accepted
Dec 26, 8:23 PM ET
Size
13.1 KB
Accession
0001365038-12-000085
Insider Transaction Report
Form 4
Blend L Michael
EVP, Registrar Services
Transactions
- Exercise/Conversion
Common Stock, $0.0001 par value
2012-12-21$4.70/sh+250,000$1,175,000→ 450,000 total - Exercise/Conversion
Stock Option (right to buy)
2012-12-21−250,000→ 0 totalExercise: $4.70Exp: 2013-06-01→ Common Stock (250,000 underlying) - Tax Payment
Common Stock, $0.0001 par value
2012-12-21$9.59/sh−172,526$1,654,524→ 277,474 total
Holdings
- 50,000(indirect: See Footnote)
Common Stock, $0.0001 par value
- 383,651(indirect: See Footnote)
Common Stock, $0.0001 par value
- 402,526(indirect: See Footnote)
Common Stock, $0.0001 par value
- 133,333(indirect: See Footnote)
Common Stock, $0.0001 par value
Footnotes (7)
- [F1]Includes 200,000 unvested restricted stock units that vest in full on December 31, 2012.
- [F2]The reporting person exercised 250,000 non-qualified stock options on a net exercise basis as permitted by the terms of the option award agreement. Based upon the closing sale price of DMD common stock on the New York Stock Exchange on the option exercise date, 172,526 shares were withheld by the company to cover the exercise price of such options and the applicable withholding taxes.
- [F3]These securities are directly held by the Michael Louis Blend Revocable Trust of which the reporting person is trustee.
- [F4]These securities are directly held by the Dante Jacob Oakes Blend Trust of 2009, of which the reporting person's son is the sole beneficiary. The reporting person disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
- [F5]These securities are directly held by Folie Investment Group LLC, of which the reporting person is the managing member. The reporting person disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- [F6]These securities are directly held by a charitable remainder trust, of which the reporting person is a trustee and of which the reporting person and his wife are beneficiaries. The reporting person continues to report beneficial ownership of all Demand Media, Inc. common stock held by the trust but disclaims beneficial ownership except to the extent of his and his wife's pecuniary interest therein.
- [F7]100% of the shares subject to the option are fully vested and exercisable.
Documents
Issuer
DEMAND MEDIA INC.
CIK 0001365038
Entity typeother
Related Parties
1- filerCIK 0001504477
Filing Metadata
- Form type
- 4
- Filed
- Dec 25, 7:00 PM ET
- Accepted
- Dec 26, 8:23 PM ET
- Size
- 13.1 KB