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COMSCORE, INC. — Director's Dealing 2012
Apr 3, 2012
34642_dirs_2012-04-03_33760672-4792-4a64-afbe-1105f677b30d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMSCORE, INC. (SCOR)
CIK: 0001158172
Period of Report: 2012-03-29
Reporting Person: Abraham Magid M (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-03-29 | Common Stock | A | 210000 | — | Acquired | 861301 | Direct |
| 2012-03-29 | Common Stock | A | 290000 | — | Acquired | 1151301 | Direct |
| 2012-03-29 | Common Stock | A | 25000 | — | Acquired | 138050 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-03-29 | Restricted Stock Units | $0 | A | 290000 | Acquired | 2014-03-30 | Common Stock (290000) | Direct |
Footnotes
F1: 70,000 of the shares of Restricted Stock shall vest in equal yearly installments each on March 30, 2013, 2014, and 2015.
F2: The Compensation Committee of the Board of Directors of comScore, Inc. (the "Company") awarded Dr. Abraham 580,000 shares of the Company's common stock in the form of restricted stock and restricted stock units (the "Performance Award") of which he is eligible to vest in upon achievement of revenue and adjusted EBITDA goals during 2012, 2013 and 2014. Revenue and adjusted EBITDA goals for 2013 and 2014 will be established during the first quarter of the applicable performance period. Assuming achievement of 100% of the target performance metrics in each case over a three-year period, Dr. Abraham would be eligible to vest in 290,000 total shares, and in any given year 96,666 shares. Assuming achievement of 200% of the target performance metrics in each case over a three-year period, the maximum number permitted under the arrangement, Dr. Abraham is eligible to vest in 580,000 total shares, and in any given year, 193,334 shares.
F3: 25% of the Shares of Restricted Stock shall vest in equal installments over a four (4) year period beginning on on March 15, 2013, and on each anniversary thereafter.