Filing Details

Accession Number:
0001181431-13-038131
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-07-02 17:24:38
Reporting Period:
2013-06-28
Filing Date:
2013-07-02
Accepted Time:
2013-07-02 17:24:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1083712 Mediabistro Inc. MBIS Services-Business Services, Nec (7389) 061542480
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
938640 M Alan Meckler 50 Washington Street
Norwalk CT 06854
Chairman And Ceo 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 2013-06-28 20,090 $1.47 1,721,058 No 4 P Direct
Common Stock Acquisiton 2013-07-01 10,000 $1.60 1,731,058 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 401,194 Indirect By Spouse
Common Stock 35,050 Indirect Herman Meckler Family Trust #1
Common Stock 9,871 Indirect Herman Meckler Family Trust #2
Common Stock 75,176 Indirect The Meckler Foundation
Common Stock 49,493 Indirect Alan M. Meckler 2010 Grantor Retained Annuity Trust
Common Stock 5,422 Indirect The Alan M. Meckler 2011 Grantor Retained Annuity Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (right to buy) $3.36 2014-03-04 25,000 25,000 Direct
Common Stock Employee Stock Option (right to buy) $5.39 2014-12-09 42,858 42,858 Direct
Common Stock Employee Stock Option (right to buy) $5.60 2020-09-27 42,858 42,858 Direct
Common Stock Employee Stock Option (right to buy) $6.44 2021-09-08 21,429 21,429 Direct
Common Stock Employee Stock Option (right to buy) $4.55 2021-11-14 142,858 142,858 Direct
Common Stock Employee Stock Option (right to buy) $3.71 2021-12-12 21,429 21,429 Direct
Common Stock Employee Stock Option (right to buy) $2.29 2022-12-04 10,000 10,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-03-04 25,000 25,000 Direct
2014-12-09 42,858 42,858 Direct
2020-09-27 42,858 42,858 Direct
2021-09-08 21,429 21,429 Direct
2021-11-14 142,858 142,858 Direct
2021-12-12 21,429 21,429 Direct
2022-12-04 10,000 10,000 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.38 to $1.57, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
  2. Mr. Meckler indirectly owns 576,206 shares: 49,493 are held in the Alan M. Meckler 2010 Grantor Retained Annuity Trust, 5,422 shares are held in The Alan M. Meckler 2011 Grantor Retained Annuity Trust, 37,000 shares donated by Mr. Meckler to the Meckler Foundation, a non-profit charitable foundation founded by Mr. Meckler and for which he acts as a trustee, 38,176 shares purchased by the Meckler Foundation, 401,194 shares purchased by Mr. Meckler's wife and 44,921 shares held in trust for the benefit of Mr. Meckler's mother. Mr. Meckler exercises shared voting and investment control over all of these shares except the shares held by the 2010 and 2011 Grantor Retained Annuity Trusts, over which Mr. Meckler exercises investment control but not voting control.
  3. Option is 100% vested.
  4. Option vests 33.33% ratably over a three-year period on 09/27/2011, 09/27/2012 and 09/27/2013.
  5. Option vests 33.33% ratably over a three-year period on 09/08/2012, 09/08/2013 and 09/08/2014.
  6. Option vests 33.33% ratably over a three-year period on 12/12/2012, 12/12/2013 and 12/12/2014.
  7. Option vests 33.33% ratably over a three-year period on 12/05/2013, 12/05/2014 and 12/05/2015.