Filing Details
- Accession Number:
- 0001209191-11-057992
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-23 17:03:03
- Reporting Period:
- 2011-11-21
- Filing Date:
- 2011-11-23
- Accepted Time:
- 2011-11-23 17:03:03
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1490930 | Digital Domain Media Group Inc. | DDMG | Services-Motion Picture & Video Tape Production (7812) | 270449505 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1110894 | C John Textor | C/O Digital Domain Media Group, Inc., 8881 South U.s. Highway One Port St. Lucie FL 34952 | Chief Executive Officer | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2011-11-21 | 7,750 | $6.35 | 9,645,838 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 373,832 | Indirect | See footnote. |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Option | $0.00 | 0 | 1,080,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
0 | 1,080,000 | Direct |
Footnotes
- $6.35 is the average price for a range of purchases at different prices. Reporting person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares purchased at each respective different price.
- 373,832 shares of common stock are held by Wyndcrest DD Investment Holdings, LLC. The managing member of Wyndcrest DD Investment Holdings, LLC is Wyndcrest Holdings, LLC, and the managing member of Wyndcrest Holdings, LLC is Textor Ventures, Inc. Mr. Textor, as the president and sole director of Textor Ventures, Inc., holds voting power and investment power over the shares of common stock beneficially owned by Wyndcrest DD Investment Holdings, LLC and disclaims beneficial ownership of such securities except to the extent of any pecuniary interest therein.
- On July 13, 2011, Mr. Textor was granted stock options to purchase 1,080,000 shares of common stock at an exercise price of $9.63 per share, which options vest over three years in equal quarterly installments, commencing on the grant date.