Heiland K. Peter 4
4 · KIT digital, Inc. · Filed Aug 15, 2012
Insider Transaction Report
Form 4
Heiland K. Peter
Director
Transactions
- Award
Common Stock
2012-08-13+67,524→ 67,524 total
Holdings
- 4,397,000(indirect: See footnote 3)
Common Stock
Footnotes (3)
- [F1]28,939 shares were awarded as an initial sign-on grant for service as a director and 38,585 shares of restricted stock, vesting over 4 years, were issued as an annual award for service as a director.
- [F2]On June 11, 2012, Mr. Heiland, JEC II Associates, LLC ("JEC"), and JEC Capital Partners, LLC ("JEC Capital") ceased to be members of a 10% owner group. On August 9, 2012, Mr. Heiland, the Reporting Person, became director of the Issuer.
- [F3]Shares are owned directly by JEC and indirectly by Mr. Heiland. Mr. Heiland is the managing partner of JEC Capital, which serves as an investment advisor to JEC. Mr. Heiland disclaims beneficial ownership in the securities, except to the extent of his indirect pecuniary interest therein.