CAMBIUM LEARNING GROUP, INC. 4
4 · CAMBIUM LEARNING GROUP, INC. · Filed May 11, 2017
Insider Transaction Report
Form 4
McWhorter Jeffery Scott
General Counsel
Transactions
- Exercise/Conversion
Common Stock, $0.001 par value per share
2017-05-09$2.52/sh+14,617$36,835→ 14,617 total - Sale
Common Stock, $0.001 par value per share
2017-05-09$5.18/sh−14,617$75,658→ 0 total - Exercise/Conversion
Stock Options (right to buy)
2017-05-09−14,617→ 52,783 totalExp: 2024-03-13→ Common Stock, par value $0.001 per share (14,617 underlying)
Footnotes (3)
- [F1]The weighted average exercise price of these shares was $2.52. The prices of the transactions ranged from $2.14 to $2.96, inclusive. Upon request of the staff of the Securities and Exchange Commission, Cambium Learning Group, Inc. or a security holder of the Company, the reporting person will provide full information regarding the number of options exercised at each separate price.
- [F2]The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $5.15 to $5.31, inclusive. Upon request of the staff of the Securities and Exchange Commission, Cambium Learning Group, Inc. or a security holder of the Company, the reporting person will provide full information regarding the number of shares sold at each separate price.
- [F3]These stock options have vested and are exercisable.