Filing Details
- Accession Number:
- 0001181431-11-032395
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-24 18:04:05
- Reporting Period:
- 2011-05-20
- Filing Date:
- 2011-05-24
- Accepted Time:
- 2011-05-24 17:04:05
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1083712 | Webmediabrands Inc. | WEBM | Services-Business Services, Nec (7389) | 061542480 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 938640 | M Alan Meckler | 50 Washington Street Norwalk CT 06854 | Chairman And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-05-20 | 61,000 | $0.26 | 10,113,698 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-05-20 | 61,000 | $1.45 | 10,052,698 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-05-23 | 16,200 | $0.26 | 10,068,898 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-05-23 | 16,200 | $1.43 | 10,052,698 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-05-20 | 61,000 | $0.00 | 61,000 | $0.26 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2011-05-23 | 16,200 | $0.00 | 16,200 | $0.26 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 80,700 | 2011-06-07 | No | 4 | M | Direct | |
| 64,500 | 2011-06-07 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 2,808,360 | Indirect | By Spouse |
| Common Stock | 244,500 | Indirect | Herman Meckler Family Trust #1 |
| Common Stock | 69,100 | Indirect | Herman Meckler Family Trust #2 |
| Common Stock | 456,432 | Indirect | The Meckler Foundation |
| Common Stock | 1,465,815 | Indirect | The Alan M. Meckler 2009 Grantor Retained Annuity Trust |
| Common Stock | 1,000,000 | Indirect | Alan M. Meckler 2010 Grantor Retained Annuity Trust |
Footnotes
- Mr. Meckler now indirectly owns 6,044,207 shares: 1,000,000 are held in the Alan M. Meckler 2010 Grantor Retained Annuity Trust over which Mr. Meckler exercises investment but not voting control, 1,465,815 shares are held in The Alan M. Meckler 2009 Grantor Retained Annuity Trust over which Mr. Meckler exercises investment but not voting control, 259,000 shares donated by Mr. Meckler to the Meckler Foundation, a non-profit charitable foundation founded by Mr. Meckler and for which he acts as a trustee, 197,432 shares purchased by the Meckler Foundation, 2,808,360 shares purchased by Mr. Meckler's wife and 313,600 shares held in trust for the benefit of Mr. Meckler's mother and over which he exercises investment control.
- Options were fully vested.
- No payment was required in connection with the grant of this option under an issuer - sponsored plan.
Billionaire Hedge Funds
