SEC Form 4 · accession 0000905718-17-000376
MEDLEY MANAGEMENT INC. · MDLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip K Ryan
Director
Period of report
Mar 17, 2017
Accepted (ET)
Mar 21, 2017 · 6:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611110
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 17, 2017 | M | 4,792 | — | A | 26,655 | 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 UnitsF1,F2 | — | Mar 17, 2017 | M | 4,792 | A | — | — | Class A common stock | 4,792 | 0 | D |
Explanation of responses
- F1Each restricted stock unit converted into Class A common stock of the issuer on a one-for-one basis.
- F2In connection with his resignation as a director, the vesting of 46% of the Restricted Stock Units granted to Mr. Ryan on September 29, 2016 was accelerated to March 17, 2017.