Filing Details
- Accession Number:
- 0001144204-11-019913
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-04-04 12:24:11
- Reporting Period:
- 2011-03-31
- Filing Date:
- 2011-04-04
- Accepted Time:
- 2011-04-04 12:24:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
876883 | Mdc Partners Inc | MDCA | Services-Advertising Agencies (7311) | 980364441 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1283589 | Miles Nadal | C/O Mdc Partners Inc. 45 Hazelton Avenue Toronto A6 M5R 2E3 | Chairman, Ceo And President | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Shares | Acquisiton | 2011-03-31 | 10,000 | $16.44 | 4,358,468 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Shares | Stock Appreciation Rights | $3.72 | 2010-02-12 | 2014-02-12 | 2,083,333 | 2,083,333 | Direct |
Restricted Stock Units | Extraordinary Equity Value Appre. Restricted Stock Awards | $0.00 | 2013-12-31 | 900,000 | 900,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2014-02-12 | 2,083,333 | 2,083,333 | Direct |
2013-12-31 | 900,000 | 900,000 | Direct |
Footnotes
- Includes unvested Restricted Stock Units (Class A Shares) of the Issuer ("RSUs").
- The share price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.42 to $16.48 inclusive. The reporting person undertakes to provide to MDC Partners Inc., any security holder of MDC Partners Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- Represents open market purchases.
- A total of 2,083,333 Stock Appreciation Rights ("SARs") were granted February 12, 2009, 66% are vested as of the date hereof, 34% vest on the third anniversary of the grant date, and all such SARs expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
- These Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") granted 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 (300,000 EVARs), $22.75 (300,000 EVARs) and $26.25 (300,000 EVARs), as described in greater detail in the EVAR Letter Agreement.