SEC Form 4 · accession 0000905718-18-000722
MEDLEY MANAGEMENT INC. · MDLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy Rounsaville Jr.
Director
Period of report
Aug 7, 2018
Accepted (ET)
Aug 8, 2018 · 6:23 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 | Aug 7, 2018 | M | 3,703 | — | A | 15,271 | 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 | — | Aug 7, 2018 | M | 3,703 | D | — | — | Class A Common Stock | 3,703 | 0 | D |
| Restricted Stock UnitsF3,F4 | — | Aug 7, 2018 | A | 9,860 | A | — | — | Class A Common Stock | 9,860 | 9,860 | D |
Explanation of responses
- F1Each restricted stock unit converted into Class A common stock of the issuer on a one-for-one basis.
- F2The restricted stock units vesting schedule was accelerated such that the restricted stock units vested on August 7, 2018.
- F3Each restricted stock unit represents a contingent right to receive one share of issuer Class A common stock. The restricted stock units will be settled in either Class A common stock or cash (or a combination thereof) at the discretion of the issuer's compensation committee.
- F4The restricted stock units vest on May 10, 2019.