SEC Form 4 · accession 0001473721-18-000002

CENTRAL EUROPEAN MEDIA ENTERPRISES LTD · CETV

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — co-Chief Executive Officer

Period of report

Mar 13, 2018

Accepted (ET)

Mar 14, 2018 · 12:54 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000925645

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Class A Common Stock^F1,F2	Mar 13, 2018	M	18,727	$0.00	A	386,074	D
Class A Common Stock^F3,F2	Mar 13, 2018	M	74,907	$0.00	A	460,981	D
Class A Common Stock	Mar 13, 2018	F	26,078	$4.25	D	434,903	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F5	—	Mar 13, 2018	M	18,727	D	—	—	Class A Common Stock	18,727	18,727	D
Restricted Stock Units^F2,F6	—	Mar 13, 2018	M	74,907	D	—	—	Class A Common Stock	74,907	149,814	D

F1Shares of Class A Common Stock acquired upon the vesting and settlement of part of a grant of time-based restricted stock units made on March 13, 2015.
F2Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The Reporting Person is entitled to receive one share of Class A Common Stock for each restricted stock unit that vested.
F3Shares of Class A Common Stock acquired upon the vesting and settlement of part of a grant of performance-based restricted stock units made on March 13, 2015 as described in footnote (6) below.
F4Payment of tax liability by withholding shares of common stock incident to the vesting and settlement of restricted stock units referred to in footnote (1) and footnote (3) of this Form 4.
F5Represents the number from a grant of time-based restricted stock units made to the Reporting Person on March 13, 2015 that vested and settled on March 13, 2018.
F6Represents 25% of a grant of performance-based restricted stock units made to the Reporting Person on March 13, 2015 that was eligible for vesting following a three-year period. Vesting of 25% of the grant, which was subject to the achievement of a three-year OIBDA target and a three-year unlevered free cash flow target, occurred on March 13, 2018 following confirmation by the Compensation Committee of the Company of the satisfaction of the performance targets.