SEC Form 4 · accession 0001209191-17-020905
RLJ ENTERTAINMENT, INC. · RLJE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Miguel Penella
Officer — CEO · Director
Period of report
Mar 13, 2017
Accepted (ET)
Mar 15, 2017 · 6:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546381
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 OptionsF1 | $2.3999 | Mar 13, 2017 | A | 700,000 | A | Mar 13, 2019 | Mar 13, 2027 | Common Stock, par value $0.001 per share | 700,000 | 700,000 | D |
| Stock OptionsF1 | $3.00 | Mar 13, 2017 | A | 700,000 | A | Mar 13, 2021 | Mar 13, 2027 | Common Stock, par value $0.001 per share | 700,000 | 700,000 | D |
| Restricted Stock UnitsF2 | $2.3999 | Mar 13, 2017 | A | 300,000 | A | Mar 13, 2018 | Mar 13, 2020 | Common Stock, par value $0.001 per share | 300,000 | 300,000 | D |
Explanation of responses
- F1All stock options directly settle in shares, based on the spread of the stock price over the exercise price. Vesting of options is contingent upon shareholder approval of addition of sufficient shares to the 2012 Incentive Compensation Plan. If RLJE stock is retired before 2020, unvested options convert into cash or buyer shares and pay out or vest at the end of their normal vesting period
- F2On March 13, 2017 the Reporting Person was granted 300,000 restricted stock units, which will be issued as common stock, par value $0.001, upon vesting. 75,000 shares will vest on March 13, 2018, 75,000 shares will vest on March 13, 2019, 75,000 shares will vest on March 13, 2020 and 75,000 shares will vest on March 13, 2021.