0001179110-11-008723.txt : 20110526 0001179110-11-008723.hdr.sgml : 20110526 20110526212148 ACCESSION NUMBER: 0001179110-11-008723 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110524 FILED AS OF DATE: 20110526 DATE AS OF CHANGE: 20110526 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DALVI AJIT M CENTRAL INDEX KEY: 0001217511 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-17287 FILM NUMBER: 11875930 MAIL ADDRESS: STREET 1: C/O SCIENTIFIC LEARNING CORP STREET 2: 300 FRANK H. OGAWA PLAZA, SUITE 600 CITY: OAKLAND STATE: CA ZIP: 94612 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: OUTDOOR CHANNEL HOLDINGS INC CENTRAL INDEX KEY: 0000760326 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 330074499 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 43445 BUSINESS PARK DRIVE STREET 2: SUITE 103 CITY: TEMECULA STATE: CA ZIP: 92590 BUSINESS PHONE: (951) 699-6991 MAIL ADDRESS: STREET 1: 43445 BUSINESS PARK DRIVE STREET 2: SUITE 103 CITY: TEMECULA STATE: CA ZIP: 92590 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL OUTDOORS INC DATE OF NAME CHANGE: 19960729 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL RESOURCES INC /AK/ DATE OF NAME CHANGE: 19950815 4 1 edgar.xml FORM 4 - X0303 4 2011-05-24 0 0000760326 OUTDOOR CHANNEL HOLDINGS INC OUTD 0001217511 DALVI AJIT M 43445 BUSINESS PARK DRIVE SUITE 103 TEMECULA CA 92590 1 0 0 0 Common Stock 2011-05-25 4 M 0 16750 0 A 37222 D Common Stock 2011-05-25 4 F 0 5193 5.71 D 32029 D Restricted Stock Units 2011-05-24 4 A 0 17668 0 A Common Stock 17668 34418 D Restricted Stock Units 2011-05-25 4 M 0 16750 0 D Common Stock 16750 17668 D Represents the issuance of shares of Common Stock upon the settlement of the Restricted Stock Units that vested on May 25, 2011. Each restricted stock unit represents the contingent right to receive one share of Common Stock. The reporting person received an award of 17,668 restricted stock units on May 24, 2011, which shall vest 100% on May 24, 2012, so long as the reporting person continued to serve on the Board of Directors during the prior year; provided, however, that upon a Change in Control (as defined in the Plan), the vesting of all restricted stock units shall accelerate, regardless of whether the aforementioned vesting requirements have been satisfied. Upon vesting on May 24, 2012, each unit will automatically be settled for one share of vested common stock. Not applicable. The reporting person received an award of 16,750 restricted stock units on May 25, 2010 which vested on May 25, 2011 and were settled by issuing one share of common stock per unit. 5,193 shares of the shares issued upon the vesting of the 16,750 Restricted Stock Units were forfeited to the Company in lieu of withholding taxes. Ajit M. Dalvi, by Thomas E. Hornish, Attorney-in-Fact 2011-05-26