Cerberus Capital Management, L.P. - 01 Jul 2021 Form 4 Insider Report for COMSCORE, INC. (SCOR)

Role
Director, 10%+ Owner
Signature
Cerberus Capital Management, L.P., By: /s/ Alexander D. Benjamin
Issuer symbol
SCOR
Transactions as of
01 Jul 2021
Net transactions value
$0
Form type
4
Filing time
02 Jul 2021, 16:15:52 UTC
Previous filing
11 Jun 2021
Next filing
17 Jun 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCOR Restricted Stock Units Award $0 +50,100 $0.000000 50,100 01 Jul 2021 Common Stock 50,100 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the common stock ("Common Stock") of comScore, Inc. (the "Company").
F2 This restricted stock unit award (the "Stock Award") was granted to Nana Banerjee pursuant to the terms of the comScore, Inc. 2018 Equity and Incentive Compensation Plan, which Stock Award is exempt pursuant to Rule 16b-3. The Stock Award, which represents compensation for the 2021-2022 director term, will vest in full on the earliest of (i) the date of the Company's 2022 annual meeting of stockholders, (ii) June 30, 2022, and (iii) the date of a change in control of the Company, subject in each case to Nana Banerjee's continued status as a member of the Company's Board of Directors on the vesting date. Vested units will be delivered in shares of Common Stock upon a separation from service or a change in control of the Company, as set forth in the applicable award notice.
F3 Nana Banerjee assigned all of his rights and interests in the Stock Award to Cerberus Capital Management, L.P.

Remarks:

For the purposes of Section 16 of the Securities Exchange Act, the interests of Cerberus Capital Management, L.P. and Pine Investor, LLC reported herein are limited to the pecuniary interest, if any, of each of Cerberus Capital Management, L.P. and Pine Investor, LLC, respectively, in such securities.