SEC Form 4 · accession 0001209191-15-001135
MARTHA STEWART LIVING OMNIMEDIA INC · MSO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martha Stewart
Officer — Chief Creative Officer · Director · 10% Owner
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091801
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.01F1,F2 | Jan 2, 2015 | S | 83,333 | $4.2271 | D | 83,334 | I | As General Partner of the Martha Stewart Family Limited Partnership |
| Class A Common Stock, par value $0.01 | holding | — | — | — | 29,816 | I | As a Trustee of Martha Stewart 1999 Family Trust | |
| Class A Common Stock, par value $0.01 | holding | — | — | — | 37,270 | I | As a Trustee of Martha Stewart 2000 Family Trust | |
| Class A Common Stock, par value $0.01 | holding | — | — | — | 721,112 | I | As a Trustee of the Martha and Alexis Stewart Charitable Foundation | |
| Class A Common Stock, par value $0.01 | holding | — | — | — | 14,748 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $0.01F3 | — | holding | — | — | — | — | — | Class A Common Stock, par value $0.01 | 24,984,625 | 24,984,625 | I |
| Stock Options (Right to Buy)F4 | $3.95 | holding | — | — | — | — | Feb 28, 2021 | Class A Common Stock, par value $0.01 | 150,000 | 150,000 | D |
| Stock Options (Right to Buy)F4 | $5.48 | holding | — | — | — | — | Feb 28, 2020 | Class A Common Stock, par value $0.01 | 300,000 | 300,000 | D |
| Stock Options (Right to Buy)F5 | $1.96 | holding | — | — | — | — | Feb 28, 2019 | Class A Common Stock, par value $0.01 | 850,000 | 850,000 | D |
| Stock Options (Right to Buy)F6 | $7.04 | holding | — | — | — | — | Mar 3, 2015 | Class A Common Stock, par value $0.01 | 750,000 | 750,000 | D |
Explanation of responses
- F1Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy. The plan provides for periodic sales as part of investment diversification and estate planning purposes.
- F2The sales price reported is the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.190 to $4.290. The reporting person undertakes to provide to Martha Stewart Living Omnimedia, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F3Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
- F4These options became fully vested on March 1, 2014.
- F5These options became fully vested on March 1, 2013.
- F6These options became fully vested on August 15, 2011.