DEMAND MEDIA INC. 4
4 · DEMAND MEDIA INC. · Filed Jun 12, 2015
Insider Transaction Report
Form 4
GUBER PETER
Director
Transactions
- Award
Common Stock, $0.0001 par value
2015-06-11+6,229→ 13,014 total - Award
Stock Option (right to buy)
2015-06-11+12,314→ 12,314 totalExercise: $6.02Exp: 2025-06-11→ Common Stock (12,314 underlying)
Holdings
- 23,810(indirect: See Footnote)
Common Stock, $0.0001 par value
Footnotes (4)
- [F1]Pursuant to the Company's Outside Director Compensation Program, as updated in May 2015, Mr. Guber was granted 6,229 restricted stock units ("RSUs") after the conclusion of the Company's 2015 annual meeting of stockholders. Each RSU represents the right to receive one share of the Company's common stock upon vesting. Subject to Mr. Guber's continued service on the Company's board of directors (the "Board") through the applicable vesting date, these RSUs will vest in twelve (12) substantially equal installments on each three-month anniversary of the grant date.
- [F2]Includes 9,245 unvested RSUs.
- [F3]These securities are directly held by the Guber Family Trust and indirectly held by Mr. Guber as co-trustee of the Guber Family Trust with his wife. Mr. Guber disclaims any beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any.
- [F4]Pursuant to the Company's Outside Director Compensation Program, as updated in May 2015, Mr. Guber was granted a non-qualified stock option award covering 12,314 shares of the Company's common stock after the conclusion of the Company's 2015 annual meeting of stockholders. Subject to Mr. Guber's continued service on the Board through the applicable vesting date, these stock options will vest in thirty-six (36) substantially equal installments on each monthly anniversary of the grant date.