SEC Form 4 · accession 0001480576-18-000008
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
Dec 4, 2018
Accepted (ET)
Dec 7, 2018 · 2:05 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-based Restricted Stock UnitsF1,F2 | — | Dec 4, 2018 | A | 78,372 | A | Mar 1, 2023 | Mar 1, 2023 | Class A Common Stock | 78,372 | 78,372 | 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, vesting of these restricted stock units is subject to performance vesting criteria established by the Company's Compensation Committee as well as continuing service requirements. 25% of these performance-based restricted stock units are eligible for early vesting on each of 03/01/2021 and 03/01/2022 provided that the performance metric to be achieved as of each such early vesting date is satisfied.