Benson Barbara 4
4 · CAMBIUM LEARNING GROUP, INC. · Filed Apr 3, 2018
Insider Transaction Report
Form 4
Benson Barbara
VP & Controller
Transactions
- Exercise/Conversion
Stock Options (right to buy)
2018-04-03−17,000→ 109,400 totalExercise: $1.30Exp: 2020-01-27→ Common Stock, par value $0.001 per share (17,000 underlying) - Exercise/Conversion
Common Stock, $0.001 par value per share
2018-04-03$1.30/sh+17,000$22,100→ 17,000 total - Sale
Common Stock, $0.001 par value per share
2018-04-03$11.04/sh−17,000$187,760→ 0 total
Footnotes (3)
- [F1]These shares were sold pursuant to a Rule 10b5-1 trading plan.
- [F2]The sale price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $10.85 to $11.275, inclusive. Upon request of the staff of the Securities and Exchange Commission, Cambium Learning Group, Inc. ("the Company") 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 currently exercisable.