PUSTIL STEPHEN 4
4 · MDC PARTNERS INC · Filed Mar 26, 2013
Insider Transaction Report
Form 4
MDC PARTNERS INCMDCA
PUSTIL STEPHEN
DirectorVice Chairman
Transactions
- Award
Class A Shares
2013-03-22$15.01/sh+108,055$1,621,906→ 343,374 total
Holdings
- 235,319
Class A Shares
- 45,000
Extraordinary Equity Value Appre. Restricted Stock Awards
Exp: 2013-12-31→ Restricted Stock Units (45,000 underlying) - 129,310
Stock Appreciation Rights
Exercise: $3.72From: 2010-02-12Exp: 2014-02-12→ Class A Shares (129,310 underlying)
Footnotes (4)
- [F1]Includes unvested Restricted Stock Units (Class A Shares) of the Issuer.
- [F2]Shares purchased at Cdn$15.27 per share, or US$15.01 per share.
- [F3]A total of 129,310 Stock Appreciation Rights ("SARs") were granted February 12, 2009, all of which are vested as of January 20, 2012, and all such SARs expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
- [F4]Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") under the Issuer's EVARs program (previously disclosed by the Issuer on Form 8-K dated January 26, 2011) represent the right to receive Restricted Stock Units on a one-to-one basis upon the Issuer's achievement of stock price targets equal to $20.00 (15,000 EVARs), $22.75 (15,000 EVARs) and $26.25 (15,000 EVARs), as described in greater detail in the EVAR Letter Agreement.