SEC Form 4 · accession 0000950142-16-004626
HEMISPHERE MEDIA GROUP, INC. · HMTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J. Sokol
Officer — CEO, President · Director
Period of report
Oct 21, 2016
Accepted (ET)
Oct 25, 2016 · 5:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001567345
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Oct 21, 2016 | J | 44,538 | $0.00 | A | 601,091 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants (Right to Purchase)F3 | $6.00 | Oct 21, 2016 | J | 3,300 | A | Apr 4, 2013 | Apr 4, 2018 | Class A Common Stock | 1,650 | 3,300 | D |
Explanation of responses
- F1Pro rata distribution from InterMedia Partners VII, L.P., of which the reporting person is a limited partner.
- F2Of these shares, 100,000 are restricted securities and will vest upon the fair market value of the Company's Class A common stock price reaching or exceeding $15.00 per share on at least ten trading days (which need not be consecutive) following April 4, 2013.
- F3Pursuant to the terms of the warrant agreement, as amended by the Assignment, Assumption and Amendment of Warrant Agreement, a form of which was filed with the Securities and Exchange Commission as Annex B to the Company's Amendment No. 3 to its Registration Statement on Form S-4 filed on March 15, 2013, as subsequently amended, the warrants will expire on April 4, 2018 unless the Company is liquidated prior to such time.