SEC Form 4 · accession 0001480576-18-000002
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
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 4:23 pm EST
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 | Mar 7, 2018 | M | 10,163 | $0.00 | A | 182,157 | D | |
| Class A Common StockF3,F2 | Mar 7, 2018 | M | 12,097 | $0.00 | A | 194,254 | D | |
| Class A Common Stock | Mar 7, 2018 | F | 10,463 | $4.40 | D | 183,791 | 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,F5 | — | Mar 7, 2018 | M | 10,163 | D | — | — | Class A Common Stock | 10,163 | 20,326 | D |
| Restricted Stock UnitsF2,F6 | — | Mar 7, 2018 | M | 12,097 | D | — | — | Class A Common Stock | 12,097 | 36,291 | D |
| Restricted Stock UnitsF7,F8 | — | Mar 5, 2018 | A | 82,048 | A | — | — | Class A Common Stock | 82,048 | 82,048 | 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 March 7, 2016.
- 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.
- 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 March 7, 2017.
- F4Payment of tax liability by withholding shares of common stock incident to the vesting and settlement of restricted stock units referred to in footnote (1) and footnote (3) of this Form 4.
- F5Represents the number from a grant of restricted stock units made to the Reporting Person on March 7, 2016 that settled on March 7, 2018.
- F6Represents the number from a grant of restricted stock units made to the Reporting Person on March 7, 2017 that settled on March 7, 2018.
- F7Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F8Unless earlier forfeited under the award agreement, 20,512 restricted stock units will vest on each of 03/05/2019, 03/05/2020, 03/05/2021 and 03/05/2022.