SEC Form 4 · accession 0001480576-17-000004
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 12, 2017
Accepted (ET)
Jun 13, 2017 · 1:34 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,F2 | Jun 12, 2017 | M | 10,000 | $0.00 | A | 172,473 | D | |
| Class A Common Stock | Jun 12, 2017 | F | 4,700 | $4.15 | D | 167,773 | 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 UnitsF2,F4 | — | Jun 12, 2017 | M | 10,000 | D | — | — | Class A Common Stock | 10,000 | 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.
- 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 common stock incident to the vesting and settlement of restricted stock units granted on June 12, 2013.
- F4Represents the number from a grant of restricted stock units made to the Reporting Person on June 12, 2013 that settled on June 12, 2017.