Form Type: 4

SEC EDGAR Link
Accession Number:0000905718-19-000509
Date:2019-05-10
Issuer: MEDLEY MANAGEMENT INC. (MDLY)
Original Submission Date:

Reporting Person:

LEEDS JEFFREY T
C/O MEDLEY MANAGEMENT INC.
280 PARK AVENUE, 6TH FLOOR EAST NEW YORK, NY 10017

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2019-05-10 M 23,944 a $0.00 58,067 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED STOCK UNITS 0.0 2019-05-10 deemed execution date M 23,944 (d) class a common stock 23,944 $0.00 0 direct
RESTRICTED STOCK UNITS 0.0 2019-06-05 deemed execution date A 30,465 (a) class a common stock 30,465 $0.00 30,465 direct
Footnotes
IDfootnote
f1 each restricted stock unit converted into class a common stock of the issuer on a one-for-one basis.
f2 the restricted stock units vested on may 10, 2019.
f3 each restricted stock unit represents a contingent right to receive one share of issuer class a common stock.
f4 the restricted stock units vest on may 29, 2020, 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 29, 2019 and the date of the change in control (but in any event no more than 365) and the denominator of which is 365.
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