SEC Form 4 · accession 0001473721-18-000005

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

Jul 31, 2018

Accepted (ET)

Aug 1, 2018 · 7:53 am 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	Nature of ownership
Class A Common Stock^F1,F2	Jul 31, 2018	M	293,935	$0.00	A	782,844	D
Class A Common Stock	Jul 31, 2018	F	81,861	$3.875	D	700,983	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance-based Restricted Stock Units^F2,F4	—	Jul 31, 2018	M	293,935	D	—	—	Class A Common Stock	293,935	0	D

F1Shares of Class A Common Stock acquired upon the final vesting and settlement of the grant of performance-based restricted stock units made on March 13, 2015 as described in footnote (4) of this Form 4.
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.
F3Payment of tax liability by withholding shares of Class A Common Stock incident to the vesting and settlement of restricted stock units referred to in footnote (1) of this Form 4.
F4As confirmed by the Compensation Committee, an amount of performance-based restricted stock units equal to 148.1% of the target award of performance-based restricted stock units granted on March 13, 2015 (less 25% of the target amount of such performance-based restricted stock units that vested on each of March 13, 2017 and on March 13, 2018) vested on July 31, 2018 in accordance with the terms of the corresponding award agreement in connection with the completion of sale of the Company's Croatian operations on such date.