McEwen Tim 4
4 · Archipelago Learning, Inc. · Filed Nov 23, 2009
Insider Transaction Report
Form 4
McEwen Tim
DirectorChief Executive Officer
Transactions
- Award
Stock Options (right to buy)
2009-11-19+116,503→ 116,503 totalExercise: $16.50Exp: 2019-11-19→ Common Stock (116,503 underlying) - Disposition to Issuer
Class C Shares of Archipelago Learning Holdings, LLC
2009-11-19−2,434,335→ 0 total - Disposition to Issuer
Class B Shares of Archipelago Learning Holdings, LLC
2009-11-19−2,434,335→ 0 total - Award
Common Stock, par value $0.001 per share
2009-11-19+755,158→ 755,158 total
Footnotes (2)
- [F1]Pursuant to a reorganization prior to the initial public offering of the Issuer, the holders of shares of Archipelago Learning Holdings, LLC exchanged such shares for shares of common stock of the Issuer.
- [F2]Subject to the Reporting Person's continued service to the Issuer, the options shall vest in equal installments on each of the first four (4) anniversaries of the date of grant; provided, that, the options shall vest in full upon the consummation of a change of control, as defined in the 2009 Omnibus Incentive Plan.