4//SEC Filing
Graffam Fred 4
Accession 0001437106-19-000032
CIK 0001437106other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 6:31 PM ET
Size
14.1 KB
Accession
0001437106-19-000032
Insider Transaction Report
Form 4
Graffam Fred
Senior Vice President & CFO
Transactions
- Exercise/Conversion
Phantom Units
2019-05-07−20,381→ 40,761 total→ Series A Common Stock (20,381 underlying) - Exercise/Conversion
Series A Common Stock
2019-05-07+20,381→ 32,100 total - Exercise/Conversion
Phantom Units
2019-05-07−20,381→ 0 total→ Series A Common Stock (20,381 underlying) - Exercise/Conversion
Series A Common Stock
2019-05-07+20,381→ 32,100 total - Disposition to Issuer
Series A Common Stock
2019-05-07$0.70/sh−20,381$14,281→ 11,719 total - Disposition to Issuer
Series A Common Stock
2019-05-07$0.70/sh−20,381$14,281→ 11,719 total
Footnotes (4)
- [F1]Each phantom unit was the economic equivalent of one share of Ascent Capital Group, Inc.'s ("Ascent") Series A common stock. The phantom units were settled for cash.
- [F2]The price of the shares disposed of in this transaction was based on the five-day weighted average price of one share of Ascent's Series A common stock beginning on April 24, 2019, which was the 16th trading day following April 1, 2019, the filing date of Ascent's Annual Report on Form 10-K. The fair market value of the phantom units was paid to Mr. Graffam in cash.
- [F3]Vests in three equal annual installments beginning on March 29, 2019, subject to Mr. Graffam's employment with Ascent and Brinks Home Security ("BHS") on each vesting date. On the settlement date, which will be no later than fifteen days following the 20th trading day following the filing date of Ascent's Annual Report on Form 10-K in each relevant calendar year, the fair market value of the phantom units that vest shall be paid to Mr. Graffam in cash.
- [F4]Date Exercisable and Expiration Date are both May 7, 2019.
Documents
Issuer
Ascent Capital Group, Inc.
CIK 0001437106
Entity typeother
Related Parties
1- filerCIK 0001618232
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 6:31 PM ET
- Size
- 14.1 KB