SEC Form 4 · accession 0001480576-16-000009
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 13, 2016
Accepted (ET)
Jun 15, 2016 · 1:42 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 StockF1 | Jun 13, 2016 | M | 10,000 | $0.00 | A | 108,478 | D | |
| Class A Common StockF2 | Jun 13, 2016 | S | 4,850 | $2.31 | D | 103,628 | D | |
| Class A Common StockF3 | Jun 14, 2016 | M | 12,500 | $0.00 | A | 116,128 | D | |
| Class A Common StockF4 | Jun 14, 2016 | S | 6,075 | $2.23 | D | 110,053 | 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 UnitsF5,F6 | — | Jun 13, 2016 | M | 10,000 | D | — | — | Class A Common Stock | 10,000 | 10,000 | D |
| Restricted Stock UnitsF5,F7 | — | Jun 14, 2016 | M | 12,500 | D | — | — | Class A Common Stock | 12,500 | 0 | D |
Explanation of responses
- 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 June 12, 2013.
- F2Represents shares of Class A Common Stock sold to satisfy the tax withholding obligations due on the settlement of the restricted stock units referred to in footnote 1 of this Form 4.
- F3Shares of Class A Common Stock acquired upon the vesting and settlement of part of a grant of time-based restricted stock units made on June 14, 2012.
- F4Represents shares of Class A Common Stock sold to satisfy the tax withholding obligations due on the settlement of the restricted stock units referred to in footnote 3 of this Form 4.
- F5Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The Reporting Person received one share of Class A Common Stock for each restricted stock unit that vested.
- F6The restricted stock units represent the number from a grant made to the Reporting Person on June 12, 2013 that vested on June 12, 2016.
- F7The restricted stock units represent the number from a grant made to the Reporting Person on June 14, 2012 that vested on June 14, 2016.