Root Stephen T. 4
4 · Millennial Media Inc. · Filed Mar 1, 2013
Insider Transaction Report
Form 4
Root Stephen T.
Chief Operating Officer
Transactions
- Exercise/Conversion
Common stock
2013-02-27$0.11/sh+60,000$6,480→ 97,798 total - Exercise/Conversion
Employee stock option (right to buy)
2013-02-27−60,000→ 1,267,822 totalExercise: $0.11Exp: 2017-06-12→ Common stock (60,000 underlying) - Sale
Common stock
2013-02-27$9.14/sh−60,000$548,436→ 37,798 total
Footnotes (2)
- [F1]The common stock was sold by the reporting person in a series of open market transactions on the transaction date with an volume weighted average sale price of $9.1406. The range of sale prices for the transactions reported was $9.11 to $9.26 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- [F2]This option vested over a period of four years, with 25% of the shares underlying the option vested on April 23, 2008, the first anniversary of the date of grant, and the remainder vesting in 36 equal monthly installments thereafter.