SEC Form 4 · accession 0001209191-15-067360
TOWN SPORTS INTERNATIONAL HOLDINGS INC · CLUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Bartoli
Officer — Chief Operating Officer
Period of report
Aug 19, 2015
Accepted (ET)
Aug 21, 2015 · 4:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001281774
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001F1 | Aug 19, 2015 | A | 300,000 | $0.00 | A | 300,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $2.61 | Aug 19, 2015 | A | 450,000 | A | — | Aug 19, 2020 | Common Stock, par value $0.001 | 450,000 | 450,000 | D |
| Stock Option (right to buy)F2 | $2.61 | Aug 19, 2015 | A | 250,000 | A | — | Aug 19, 2020 | Common Stock, par value $0.001 | 250,000 | 700,000 | D |
Explanation of responses
- F1These shares of restricted stock vest in three equal annual installments, commencing on August 19, 2016, the first anniversary of the grant date, subject to the continued employment of the reporting person at such dates, and subject to acceleration upon certain termination events or a change of control.
- F2These options vest in three equal annual installments, commencing on August 19, 2016, the first anniversary of the grant date, subject generally to the continued employment of the reporting person at such dates, and subject to acceleration upon certain termination events or a change of control.