Filing Details

Accession Number:
0001179110-11-012916
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-09-06 07:17:04
Reporting Period:
2011-09-02
Filing Date:
2011-09-06
Accepted Time:
2011-09-06 07:17:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1354513 Ctc Media Inc. CTCM Television Broadcasting Stations (4833) 581869211
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1484113 Anton Kudryashov C/O Ctc Media, Inc
31A Leningradsky Prospekt
Moscow 125124
Chief Executive Officer No 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 2011-09-02 20,000 $5.49 20,000 No 4 M Direct
Common Stock Disposition 2011-09-02 20,000 $15.02 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 Stock option (right to buy) Acquisiton 2011-09-02 20,000 $0.00 20,000 $5.49
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
671,621 2018-08-14 No 4 M Direct
Footnotes
  1. This option is divided into three equal sub-tranches where vesting is subject to the issuer achieving revenue growth in 2009, 2010 and 2011 that exceeds by five percentage points the growth in the size of the Russian television advertising market in those years. Upon achieving the revenue objective for any relevant year, the option shares for that sub-tranche will vest immediately as to one-third of the shares and in two equal installments over the next two years. If the revenue objective for any one year is not achieved then the applicable option shares for that year shall not vest; provided, however, that if on a cumulative basis over the relevant years the compound annual growth rate of the issuer's revenues exceeds by five percentage points the compound annual growth rate of the Russian television advertising market, the option shares applicable to the earlier revenue objective will commence vesting from the year in which such cumulative revenue objective is achieved.