SEC Form 4 · accession 0001209191-15-039828
CAMBIUM LEARNING GROUP, INC. · ABCD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Fonte
Officer — Chief Technology Officer
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 2:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001466815
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F1 | — | May 5, 2015 | A | 13,400 | A | — | May 4, 2025 | Common Stock, par value $0.001 per share | 13,400 | 123,400 | D |
Explanation of responses
- F1On May 5, 2015, the reporting person was granted options ("Options") to purchase a total of 13,400 shares of common stock, par value $0.001, of Cambium Learning Group, Inc. (the "Company"), in consideration of his services as an officer of the Company. The Options were granted to the reporting person pursuant and subject to the Cambium Learning Group, Inc. 2009 Equity Incentive Plan. The per-share exercise price of the Options is $2.96 and the Options vest in equal monthly installments on the last day of the month over a four year period, with an initial vesting date of May 31, 2015.