Filing Details

Accession Number:
0001144204-11-060706
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-02 10:16:08
Reporting Period:
2011-11-02
Filing Date:
2011-11-02
Accepted Time:
2011-11-02 10:16:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
876883 Mdc Partners Inc MDCA Services-Advertising Agencies (7311) 980364441
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1283589 Miles Nadal C/O Mdc Partners Inc.
45 Hazelton Avenue
Toronto A6 M5R 2E3
Chairman, Ceo And President 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
Class A Shares Acquisiton 2011-11-02 5,000 $15.55 4,690,428 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Shares Stock Appreciation Rights $3.72 2010-02-12 2014-02-12 2,083,333 2,083,333 Direct
Restricted Stock Units Extraordinary Equity Value Appre. Restricted Stock Awards $0.00 2013-12-31 900,000 900,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2014-02-12 2,083,333 2,083,333 Direct
2013-12-31 900,000 900,000 Direct
Footnotes
  1. Includes unvested Restricted Stock Units (Class A Shares) of the Issuer ("RSUs").
  2. Represents open market purchases.
  3. A total of 2,083,333 Stock Appreciation Rights ("SARs") were granted February 12, 2009, 66% are vested as of the date hereof, 34% vest on the third anniversary of the grant date, and all such SARs expire on February 12, 2014. These SARs may be settled in cash or stock, at the discretion of the Issuer.
  4. These Extraordinary Equity Value Appreciation Restricted Stock Awards ("EVARs") granted under the Issuer's EVARs program (previously disclosed by the Issuer on Form 8-K dated January 26, 2011) represent the right to receive Restricted Stock Units on a one-to-one basis upon the Issuer's achievement of stock price targets equal to $20.00 (300,000 EVARs), $22.75 (300,000 EVARs) and $26.25 (300,000 EVARs), as described in greater detail in the EVAR Letter Agreement.