4//SEC Filing
Avagliano John P 4
Accession 0001140361-10-046698
CIK 0000216324other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 7:55 PM ET
Size
19.9 KB
Accession
0001140361-10-046698
Insider Transaction Report
Form 4
Avagliano John P
COO and CFO
Transactions
- Conversion
Common Stock
2010-11-18+3,576,400→ 8,334,575 total - Award
Restricted Common Stock Award (B)
2010-11-19+726,036→ 4,591,311 total - Award
Restricted Common Stock Award (C)
2010-11-19+166,864→ 4,758,175 total - Award
Stock Option (right to buy) (B)
2010-11-19+457,396→ 457,396 totalExercise: $0.20Exp: 2020-11-19→ Common Stock (457,396 underlying) - Conversion
Series C Junior Participating Preferred Stock
2010-11-18+3,576.4→ 0 totalFrom: 2010-04-14→ Common Stock (3,576,400 underlying) - Award
Restricted Common Stock Award (A)
2010-11-19+3,865,275→ 3,865,275 total - Award
Stock Option (right to buy) (A)
2010-11-19+865,784→ 865,784 totalExercise: $0.20From: 2011-01-08Exp: 2020-11-19→ Common Stock (865,784 underlying) - Award
Stock Option (right to buy) (C)
2010-11-19+1,016,568→ 1,016,568 totalExercise: $0.20Exp: 2020-11-19→ Common Stock (1,016,568 underlying)
Footnotes (6)
- [F1]Award granted in satisfaction of a prior contractual agreement by the issuer with the reporting person under an employment agreement entered into in April 2010 to grant such award.
- [F2]Shares vest and cease to be subject to forfeiture upon continued service and/or satisfaction of certain performance-related conditions (including stock price achievement) or other conditions applicable to the award.
- [F3]The Series C Junior Participating Preferred Stock ("Series C Preferred Stock") automatically converted into shares of common stock at a ratio of 1,000 shares of common stock for each share of Series C Preferred Stock on November 18, 2010, the date that sufficient authorized but unissued common stock became available to convert all outstanding Series C Preferred Stock into common stock. The Series C Preferred Stock had no expiration date.
- [F4]25% vests on January 8, 2011 and 6.25% vests each three-month period thereafter (vesting round up to nearest whole share). 100% vested on January 8, 2014.
- [F5]100% vested upon the earlier of (i) the date the stock's fair market value equals or exceeds $0.0773 for any 20 out of 30 consecutive trading days on or after January 8, 2012, (ii) a change in control in which the stock's equity value equals or exceeds $0.0733 per share, or (iii) January 8, 2019.
- [F6]100% vested upon the earlier of (i) the date the stock's fair market value equals or exceeds $0.19 for any 20 out of 30 consecutive trading days on or after January 8, 2013 (ii) a change in control in which the stock's equity value equals or exceeds $0.19 per share, or (iii) January 8, 2019.
Documents
Issuer
IMAGE ENTERTAINMENT INC
CIK 0000216324
Entity typeother
Related Parties
1- filerCIK 0001481222
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 7:55 PM ET
- Size
- 19.9 KB