Stubbs Charles J 4
4 · PRIMEDIA INC · Filed Jul 15, 2011
Insider Transaction Report
Form 4
PRIMEDIA INCPRM
Stubbs Charles J
DirectorPresident and CEO
Transactions
- Award
Common Stock
2011-07-13+142,857→ 895,825 total - Disposition to Issuer
Common Stock
2011-07-13$7.10/sh−895,825$6,360,358→ 0 total
Footnotes (2)
- [F1]Reflects the July 13, 2011 accelerated vesting of performance-based award pursuant to the Merger Agreement (as defined below).
- [F2]Disposed of pursuant to an Agreement and Plan of Merger between PRIMEDIA Inc. (the "Company"), Pittsburgh Holdings, LLC and Pittsburgh Acquisition, Inc. (the "Merger Agreement") in exchange for a cash payment of $7.10 per share (the "Merger Consideration") on the effective date of the merger.