SEC Form 4 · accession 0001209191-18-001031
RLJ ENTERTAINMENT, INC. · RLJE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Miguel Penella
Officer — CEO · Director
Period of report
Dec 31, 2017
Accepted (ET)
Jan 3, 2018 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546381
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Dec 31, 2017 | M | 75,000 | $0.00 | A | 305,405 | D | |
| Common Stock, par value $0.001 per shareF1 | Jan 2, 2018 | S | 22,000 | $3.6791 | D | 283,405 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Dec 31, 2017 | M | 75,000 | D | — | — | Common Stock, par value $0.001 per share | 75,000 | 225,000 | D |
Explanation of responses
- F1Constitutes shares sold to partially pay taxes due upon vesting of restricted stock units.
- 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 vested on December 31, 2017, 75,000 shares will vest on December 31, 2018, 75,000 shares will vest on December 31, 2019 and 75,000 shares will vest on December 31, 2020.