X0303 4 2010-11-18 0 0000216324 IMAGE ENTERTAINMENT INC DISK 0001129983 HYDE JOHN W C/O IMAGE ENTERTAINMENT, INC. 20525 NORDHOFF STREET, SUITE 200 CHATSWORTH CA 91311 1 1 0 0 Vice Chairman Restricted Common Stock Award (A) 2010-11-19 4 A 0 6986305 0 A 6986305 D Restricted Common Stock Award (B) 2010-11-19 4 A 0 1311126 0 A 8297431 D Restricted Common Stock Award (C) 2010-11-19 4 A 0 301334 0 A 8598765 D Common Stock 2010-11-18 4 C 0 7599850 A 16198615 D Stock Option (right to buy) (A) 0.20 2010-11-19 4 A 0 1564864 0 A 2011-01-08 2020-11-19 Common Stock 1564864 1564864 D Stock Option (right to buy) (B) 0.20 2010-11-19 4 A 0 825998 0 A 2020-11-19 Common Stock 825998 825998 D Stock Option (right to buy) (C) 0.20 2010-11-19 4 A 0 1835790 0 A 2020-11-19 Common Stock 1835790 1835790 D Series C Junior Participating Preferred Stock 2010-11-18 4 C 0 7599.850 A 2010-04-14 Common Stock 7599850 0 D Award granted in satisfaction of a prior contractual agreement by the issuer with the reporting person under a consulting agreement entered into in April 2010 to grant such award. Shares vest and cease to be subject to forfeiture upon continued service and/or satisfaction of certain performance-related conditions (including stock price achievement) or other conditions applicable to the award. The Series C Junior Participating Preferred Stock ("Series C Preferred Stock") automatically converted into shares of common stock at a ratio of 1,000 shares of common stock for each share of Series C Preferred Stock on November 18, 2010, the date that sufficient authorized but unissued common stock became available to convert all outstanding Series C Preferred Stock into common stock. The Series C Preferred Stock had no expiration date. 25% vests on January 8, 2011 and 6.25% vests each three-month period thereafter (vesting round up to nearest whole share). 100% vested on January 8, 2014. 100% vested upon the earlier of (i) the date the stock's fair market value equals or exceeds $0.0773 for any 20 out of 30 consecutive trading days on or after January 8, 2012, (ii) a change in control in which the stock's equity value equals or exceeds $0.0733 per share, or (iii) January 8, 2019. 100% vested upon the earlier of (i) the date the stock's fair market value equals or exceeds $0.19 for any 20 out of 30 consecutive trading days on or after January 8, 2013 (ii) a change in control in which the stock's equity value equals or exceeds $0.19 per share, or (iii) January 8, 2019. Dawn A. Martens, Attorney-in-Fact 2010-11-19