0001209191-11-062743.txt : 20111222
0001209191-11-062743.hdr.sgml : 20111222
20111222102020
ACCESSION NUMBER: 0001209191-11-062743
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111220
FILED AS OF DATE: 20111222
DATE AS OF CHANGE: 20111222
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: DIAL GLOBAL, INC. /DE/
CENTRAL INDEX KEY: 0000771950
STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832]
IRS NUMBER: 953980449
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 220 WEST 42ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 212-419-2900
MAIL ADDRESS:
STREET 1: 220 WEST 42ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: WESTWOOD ONE INC /DE/
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: WESTWOOD ONE DELAWARE INC /CA/
DATE OF NAME CHANGE: 19860408
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BROWN SPENCER L
CENTRAL INDEX KEY: 0001096642
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14691
FILM NUMBER: 111276144
MAIL ADDRESS:
STREET 1: C/O DIAL GLOBAL, INC.
STREET 2: 220 WEST 42ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10036
4
1
doc4.xml
FORM 4 SUBMISSION
X0304
4
2011-12-20
0
0000771950
DIAL GLOBAL, INC. /DE/
DIAL
0001096642
BROWN SPENCER L
C/O DIAL GLOBAL, INC.
220 WEST 42ND STREET
NEW YORK
NY
10036
1
1
1
0
co-Chief Executive Officer
Stock Option (right to buy)
3.27
2011-12-20
4
A
0
1637125
0.00
A
2011-12-20
2021-12-20
Class A Common stock
1637125
1637125
D
Option to buy 1,637,125 shares of Class A common stock of Dial Global, Inc. at $3.27/share, representing the average of the Class A common stock opening and closing price on the date of grant. 2.5% vested and became exercisable immediately; 87.5% will vest in monthly installments of 2.5% beginning on December 21, 2011 through and including October 21, 2014; and (iii) 10% will become vested and exercisable in monthly installments of 0.833% commencing on November 21, 2014 through and including October 21, 2015; such that, upon October 21, 2015, the reporting person shall be fully vested in the option. This option was awarded under the Dial Global, Inc. 2011 Stock Option Plan (the "2011 Plan"), which was approved by the Company's Board and the Company's stockholders on December 19, 2011. This option and the 2011 Plan are not effective until 20 calendar days have elapsed from the mailing of the Information Statement on Schedule 14C to the Company's stockholders.
Melissa Garza, as attorney-in-fact for Spencer Brown
2011-12-22