CENTRAL EUROPEAN MEDIA ENTERPRISES LTD 4
4 · CENTRAL EUROPEAN MEDIA ENTERPRISES LTD · Filed Jun 14, 2013
Insider Transaction Report
Form 4
Sach David J
Chief Financial Officer
Transactions
- Award
Performance-based Restricted Stock Units
2013-06-12+40,000→ 40,000 total→ Class A Common Stock, par value $0.08 per share (40,000 underlying) - Exercise/Conversion
Class A Common Stock, par value $0.08 per share
2013-06-14+15,000→ 95,000 total - Award
Time-based restricted Stock Units
2013-06-12+40,000→ 40,000 total→ Class A Common Stock, par value $0.08 per share (40,000 underlying)
Footnotes (4)
- [F1]Shares of Class A Common Stock acquired upon the resting in part of a grant of restricted stock units made on June 14, 2012.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F3]Unless earlier forfeited under the award agreement 10,000 restricted stock units will vest on each of 06/12/2014, 06/12/2015, 06/12/2016 and 06/12/2017.
- [F4]Unless earlier forfeited under the award agreement, vesting of these restricted stock units is subject to performance vesting criteria as well as continuing service requirements. 10,000 of these performance-based restricted stock units are scheduled to vest on each of 6/12/2014, 6/12/2015, 6/12/2016 and 6/15/2017, provided that the performance metric established by the Companys Compensation Committee to be achieved as of such vesting date is satisfied.