SEC Form 4 · accession 0001480576-15-000002
CENTRAL EUROPEAN MEDIA ENTERPRISES LTD · CETV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel Penn
Officer — EVP, General Counsel
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 12:59 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.08 per shareF1 | Jun 2, 2015 | M | 24,208 | $0.00 | A | 69,180 | D | |
| Class A Common Stock, par value $0.08 per share | Jun 3, 2015 | S | 25,000 | $2.34 | D | 44,180 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option: Right to BuyF2 | $2.29 | Jun 2, 2015 | A | 250,000 | A | — | Jun 2, 2025 | Class A Common Stock, par value $0.08 per share | 250,000 | 250,000 | D |
Explanation of responses
- F1Shares of Class A Common Stock acquired upon the vesting in part of a grant of time-based restricted stock units made on June 2, 2014.
- F2Unless earlier forfeited under the award agreement, 62,500 options will become exercisable on each of 06/02/2016, 06/02/2017, 06/02/2018 and 06/02/2019.