SEC Form 4 · accession 0001372375-15-000007
Millennial Media Inc. · MM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wenda Harris Millard
Director
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372375
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 1, 2015 | A | 62,500 | $0.00 | A | 90,854 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The security represents restricted stock units granted to the reporting person. Each restricted stock unit represents a contingent right to receive one share of common stock of the issuer.
- F2The restricted stock units were granted to the reporting person under the issuer's 2012 Equity Incentive Plan in connection with the issuer's non-employee director compensation policy. As a continuing director of the issuer who has been serving for at least 12 months, the reporting person was awarded a number of restricted stock units equal to $100,000 divided by $1.60, the closing price of the issuer's common stock on the date of grant. One-fourth of the shares underlying this restricted stock unit award vests quarterly starting on April 1, 2015, subject to the reporting person's service as a director on the applicable vesting date.