SEC Form 4 · accession 0001480576-16-000005
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
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 12:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000925645
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time-based Restricted Stock UnitsF1,F2 | — | Mar 7, 2016 | A | 40,652 | A | — | — | Class A Common Stock, par value $0.08 per share | 40,652 | 40,652 | D |
| Option: Right to BuyF3 | $2.46 | Mar 7, 2016 | A | 64,280 | A | — | Mar 6, 2026 | Class A Common Stock, par value $0.08 per share | 64,280 | 64,280 | D |
Explanation of responses
- F1Each restricted stock unit represents a contigent right to receive one share of Class A Common Stock.
- F2Unless earlier forfeited under the award agreement, 10,163 restricted stock units will vest on each of 03/07/2017, 03/07/2018, 03/07/2019 and 03/07/2020.
- F3Unless earlier forfeited under the award agreement, 16,070 options will become exercisable on each of 03/07/2017, 03/07/2018, 03/07/2019 and 03/07/2020.