1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Options (right to buy)
|
Â
(1)
|
Â
(1)
|
Common Stock, par value $0.001 per share
|
10,000
|
$
(1)
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(2)
|
Â
(2)
|
Common Stock, par value $0.001 per share
|
13,400
|
$
(2)
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
On May 14, 2014, the reporting person was granted options ("2014 Options") to purchase a total of 10,000 shares of common stock, par value $0.001, of Cambium Learning Group, Inc. (the "Company"), in consideration of his services as an employee of the Company. The 2014 Options were granted to the reporting person pursuant and subject to the Cambium Learning Group, Inc. 2009 Equity Incentive Plan. The per-share exercise price of the 2014 Options is $2.14 and the 2014 Options vest in equal monthly installments on the last day of the month over a four year period, with an initial vesting date of May 31, 2014. |
(2) |
On May 5, 2015, the reporting person was granted options ("2015 Options") to purchase a total of 13,400 shares of common stock, par value $0.001, of Cambium Learning Group, Inc., in consideration of his services as an employee of the Company. The 2015 Options were granted to the reporting person pursuant and subject to the Cambium Learning Group, Inc. 2009 Equity Incentive Plan. The per-share exercise price of the 2015 Options is $2.96 and the 2015 Options vest in equal monthly installments on the last day of the month over a four year period, with an initial vesting date of May 31, 2015. |