SEC Form 4 · accession 0001372375-15-000012
Millennial Media Inc. · MM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael G. Barrett
Officer — President and CEO · Director
Period of report
Jan 28, 2015
Accepted (ET)
Jan 30, 2015 · 4:32 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 28, 2015 | A | 1,438,849 | $0.00 | A | 2,183,542 | 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)F3 | $1.39 | Jan 28, 2015 | A | 1,000,000 | A | — | Jan 28, 2025 | Common Stock | 1,000,000 | 1,000,000 | D |
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 shares underlying these restricted stock units vest in four equal quarterly installments, with the first installment vesting on April 28, 2015 and quarterly thereafter until January 28, 2016, subject to the reporting person's continuous service with the issuer as of the vesting date, and subject to accelerated vesting in specified circumstances.
- F3The option vested as to 50% of the underlying shares on January 28, 2015. The option vests as to the remaining shares in four equal quarterly installments, with the first installment vesting on April 28, 2015 and quarterly thereafter until January 28, 2016, subject to the reporting person's continuous service with the issuer as of the applicable vesting date, and subject to accelerated vesting in specified circumstances.