0000905718-20-000676.txt : 20200630
0000905718-20-000676.hdr.sgml : 20200630
20200630162244
ACCESSION NUMBER: 0000905718-20-000676
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200529
FILED AS OF DATE: 20200630
DATE AS OF CHANGE: 20200630
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eaton James George
CENTRAL INDEX KEY: 0001701358
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36638
FILM NUMBER: 201002572
MAIL ADDRESS:
STREET 1: C/O MEDLEY MANAGEMENT INC.
STREET 2: 280 PARK AVENUE, 6TH FLOOR EAST
CITY: NEW YORK
STATE: NY
ZIP: 10017
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MEDLEY MANAGEMENT INC.
CENTRAL INDEX KEY: 0001611110
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 280 PARK AVENUE, 6TH FLOOR EAST
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2127590777
MAIL ADDRESS:
STREET 1: 280 PARK AVENUE, 6TH FLOOR EAST
CITY: NEW YORK
STATE: NY
ZIP: 10017
4
1
medleymgmt_fm4may292020.xml
X0306
4
2020-05-29
0
0001611110
MEDLEY MANAGEMENT INC.
MDLY
0001701358
Eaton James George
C/O MEDLEY MANAGEMENT INC.
280 PARK AVENUE, 6TH FLOOR EAST
NEW YORK
NY
10017
1
0
0
0
Class A Common Stock
2020-05-29
4
M
0
25089
A
57356
D
Restricted Stock Units
2020-05-29
4
M
0
25089
0
D
Class A Common Stock
25089
0
D
Restricted Stock Units
2020-06-29
4
A
0
84952
0
A
Class A Common Stock
84952
84952
D
Acquisition of Class A common stock upon vesting of restricted stock units reflected with Footnote 2. Each restricted stock unit converted into Class A common stock of the issuer on a one-for-one basis.
Disposition of restricted stock units upon vesting into shares of Class A common stock as reflected with Footnote 1. The restricted stock units vested on May 29, 2020.
Each restricted stock unit represents a contingent right to receive one share of issuer Class A common stock.
On the transaction date, the Reporting Person delivered his election to receive 100% of his director fees for the May 2020 to May 2021 period in the form of RSUs. These director fees were approved by the issuer's compensation committee and board of directors on June 25, 2020 (the "Grant Date"), with RSUs being issued to the Reporting Person covering the number of shares of Class A common stock as determined by dividing the dollar amount of director fees elected by the Reporting Person to be received in RSUs by the closing price of a share of Class A common stock on the Grant Date.
The restricted stock units vest on May 30, 2021, provided, however, that in the event that a change in control occurs prior to such time as the restricted stock units have fully vested, the Reporting Person shall fully vest in such portion of the restricted stock units as is determined by multiplying the number of restricted stock units by a fraction, the numerator of which is the number of days elapsed between May 30, 2020 and the date of the change in control (but in any event no more than 365) and the denominator of which is 365.
/s/ John D. Fredericks, as Attorney-in-Fact
2020-06-30