SEC Form 4 · accession 0001480576-19-000002
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 4, 2019
Accepted (ET)
Mar 6, 2019 · 12:46 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 5, 2019 | M | 20,512 | $0.00 | A | 335,041 | D | |
| Class A Common Stock | Mar 5, 2019 | F | 6,006 | $3.61 | D | 329,035 | 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 | — | Mar 5, 2019 | M | 20,512 | D | — | — | Class A Common Stock | 20,512 | 61,536 | D |
| Restricted Stock UnitsF5,F6 | — | Mar 4, 2019 | A | 104,792 | A | — | — | Class A Common Stock | 104,792 | 104,792 | 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 5, 2018.
- 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 Class A Common Stock incident to the vesting and settlement of restricted stock units referred to in footnote (1) of this Form 4.
- F4Represents the number from a grant of restricted stock units made to the Reporting Person on March 5, 2018 that settled on March 5, 2019.
- F5Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F6Unless earlier forfeited under the award agreement, 26,198 restricted stock units will vest on each of 03/04/2020, 03/04/2021, 03/04/2022 and 03/04/2023.