0001480576-17-000002.txt : 20170315 0001480576-17-000002.hdr.sgml : 20170315 20170315121025 ACCESSION NUMBER: 0001480576-17-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170313 FILED AS OF DATE: 20170315 DATE AS OF CHANGE: 20170315 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL EUROPEAN MEDIA ENTERPRISES LTD CENTRAL INDEX KEY: 0000925645 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: C/O CME MEDIA SERVICES LIMITED STREET 2: KRIZENECKEHO NAM. 1078/5 CITY: PRAGUE 5 STATE: 2N ZIP: 152 00 BUSINESS PHONE: 00 420 242 465 589 MAIL ADDRESS: STREET 1: O'HARA HOUSE, 3 BERMUDIANA ROAD CITY: HAMILTON STATE: D0 ZIP: HM 08 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Penn Daniel CENTRAL INDEX KEY: 0001480576 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24796 FILM NUMBER: 17690407 MAIL ADDRESS: STREET 1: C/O CME MEDIA SERVICES LIMITED BRANCH STREET 2: KRIZENECKEHO NAM. 1078/5A CITY: PRAGUE STATE: 2N ZIP: 15200 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2017-03-13 0 0000925645 CENTRAL EUROPEAN MEDIA ENTERPRISES LTD CETV 0001480576 Penn Daniel C/O CME MEDIA SERVICES LIMITED BRANCH KRIZENECKEHO NAM. 1078/5A PRAGUE 2N 15200 CZECH REPUBLIC 0 1 0 0 EVP, General Counsel Class A Common Stock 2017-03-13 4 M 0 9364 0 A 129389 D Class A Common Stock 2017-03-13 4 M 0 37454 0 A 166843 D Class A Common Stock 2017-03-13 4 S 0 17200 3.039 D 149643 D Restricted Stock Units 2017-03-13 4 M 0 9364 0 D Class A Common Stock 9364 18728 D Performance-Based Restricted Stock Units 2017-03-13 4 M 0 37454 0 D Class A Common Stock 37454 112362 D Shares of Class A Common Stock acquired upon the vesting and settlement of part of a grant of time-based restricted stock units made on March 13, 2015. Shares of Class A Common Stock acquired upon the vesting and settlement of part of a grant of performance-based restricted stock units made on March 13, 2015 as described in footnote (6) below. Represents shares of Class A Common Stock sold to satisfy tax withholding obligations due on the settlement of the time-based restricted stock units referred to in footnote (1) of this Form 4 and the performance-based restricted stock units referred to in footnote (2) of this Form 4. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The Reporting Person received one share of Class A Common Stock for each time-based restricted stock unit and each performance-based restricted stock unit that vested. Represents the number from a grant of time-based restricted stock units made to the Reporting Person on March 13, 2015 that vested and settled on March 13, 2017. Represents 25% of a grant of performance-based restricted stock units made to the Reporting Person on March 13, 2015 that was eligible for vesting following a two-year period. Vesting of 25% of the grant, which was subject to the achievement of a two-year OIBDA target and a two-year unlevered free cash flow target, occurred on March 13, 2017 following confirmation by the Compensation Committee of the Company of the satisfaction of the performance targets. /s/ Lucia Laurincova on behalf of Daniel Penn 2017-03-15