SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* WYLLIE MARK (Last) (First) (Middle) C/O CME MEDIA SERVICES LIMITED KRIZENECKEHO NAM. 1078/5A (Street) PRAGUE 5 2N 15200 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol CENTRAL EUROPEAN MEDIA ENTERPRISES LTD [ CETV ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP- Corporate Finance
	3. Date of Earliest Transaction (Month/Day/Year) 06/25/2013
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option: Right to Buy	$32.99	06/25/2013		D			4,000	(1)	(1)	Class A Common Stock, par value $0.08 per share	4,000	(1)	0	D
Option: Right to Buy	$57	06/25/2013		D			2,000	(2)	(2)	Class A Common Stock, par value $0.08 per share	2,000	(2)	0	D
Option: Right to Buy	$56.42	06/25/2013		D			3,000	(3)	(3)	Class A Common Stock, par value $0.08 per share	3,000	(3)	0	D
Option: Right to Buy	$113.56	06/25/2013		D			4,000	(4)	(4)	Class A Common Stock, par value $0.08 per share	4,000	(4)	0	D
Option: Right to Buy	$22.64	06/25/2013		D			3,000	(5)	(5)	Class A Common Stock, par value $0.08 per share	3,000	(5)	0	D
Option: Right to Buy	$23.85	06/25/2013		D			15,000	(6)	(6)	Class A Common Stock, par value $0.08 per share	15,000	(6)	0	D
Option: Right to Buy	$22.38	06/25/2013		D			15,000	(7)	(7)	Class A Common Stock, par value $0.08 per share	15,000	(7)	0	D
Restricted Stock Units	(8)	06/25/2013		A		15,525		(9)	(9)	Class A Common Stock, par value $0.08 per share	15,525	(10)	15,525	D

Explanation of Responses:

1. On June 25, 2013, the issuer cancelled, pursuant to the issuer's Offer to Exchange Certain Outstanding Stock Options for Restricted Stock Units dated May 24, 2013 ("Offer to Exchange"), options granted to the reporting person on November 18, 2004. In exchange, the reporting person received 9 restricted stock units in accordance with the items of the Offer to Exchange.

2. On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on December 21, 2005. In exchange, the reporting person received 12 restricted stock units in accordance with the terms of the Offer to Exchange.

3. On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on June 08, 2006. In exchange, the reporting person received 45 restricted stock units in accordance with the terms of the Offer to Exchange.

4. On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on December 05, 2007. In exchange, the reporting person received 3 restricted stock units in accordance with the terms of the Offer to Exchange.

5. On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on December 16, 2008. In exchange, the reporting person received 456 restricted stock units in accordance with the terms of the Offer to Exchange.

6. On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on June 15, 2010. In exchange, the reporting person received 7,500 restricted stock units in accordance with the terms of the Offer to Exchange

7. On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on May 16, 2011. In exchange, the reporting person received 7,500 restricted stock units in accordance with the terms of the Offer to Exchange

8. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

9. Subject to the award agreement, 5,175 of these time-vested restricted stock units will vest on each of 6/25/2014, 6/25/2015 and 6/25/2016.

10. Restricted stock units were granted in exchange of certain outstanding stock options in accordance with the Offer to Exchange.

	/s/ Meredith Steinhaus on behalf of Mark Wyllie	06/26/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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