Ascent Capital Group, Inc. 4
4 · Ascent Capital Group, Inc. · Filed Apr 1, 2016
Insider Transaction Report
Form 4
Meyers Michael R
Senior Vice President
Transactions
- Tax Payment
Series A Common Stock
2016-03-31$14.52/sh−411$5,966→ 53,162 total - Award
Series A Common Stock
2016-03-30+30,000→ 53,573 total
Footnotes (2)
- [F1]Represents an award of restricted stock units that will vest pursuant to the following schedule: (a) 5% of the restricted stock units will vest on each of March 31, 2016, June 30, 2016, September 30, 2016, and December 31, 2016; (b) 7.5% of the restricted stock units will vest on each of March 31, 2017, June 30, 2017, September 30, 2017, and December 31, 2017; and (c) 12.5% of the restricted stock units will vest on each of March 31, 2018, June 30, 2018, September 30, 2018, and December 31, 2018. These restricted stock units will be settled in shares of our Series A Common Stock on the applicable vesting dates.
- [F2]The shares disposed of in this transaction were withheld by the Issuer in connection with the payment of withholding taxes on certain restricted stock units that vested on March 31, 2016. The price is based on an average of the high and low trading prices on March 31, 2016.