Sec Form 4 Filing - Martino Wayne A @ MEDIABISTRO INC. - 2013-11-25

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Martino Wayne A
2. Issuer Name and Ticker or Trading Symbol
MEDIABISTRO INC. [ MBIS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
MEDIABISTRO INC., 50 WASHINGTON STREET, 9TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
11/25/2013
(Street)
NORWALK, CT06854
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/25/2013 S 1,000 D $ 2.21 10,705 I ( 1 ) Mary Martino 1991 Revocable Family Trust
Common Stock 4,400 I ( 1 ) see footnote
Common Stock 7 I ( 1 ) Wayne Martino 1999 Family Trust for Allison G Martino
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Director Stock Option (right to buy) $ 8.33 ( 2 ) 01/22/2015 Common Stock 715 715 D
Director Stock Option (right to buy) $ 5.6 ( 3 ) 09/27/2020 Common Stock 2,286 2,286 D
Director Stock Option (right to buy) $ 6.44 ( 4 ) 09/08/2021 Common Stock 2,286 2,286 D
Director Stock Option (right to buy) $ 2.29 ( 5 ) 12/04/2022 Common Stock 2,000 2,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Martino Wayne A
MEDIABISTRO INC.
50 WASHINGTON STREET, 9TH FLOOR
NORWALK, CT06854
X
Signatures
/s/ Donald R. Reynolds, Attorney-in-Fact 11/27/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Mr. Martino now indiretly owns 16,112 shares; 7 shares are held in trust for his daughter over which Mr. Martino exercises investment control, 11,705 shares are now held in the Mary Martino 1991 Revocable Family Trust over which Mr. Martino and his brother Philip Martino exercises investment control and voting control, 4,400 are held in the Brenner, Saltzman and Wallman, LLP Employees 401(k) Profit Sharing Plan, located at 271 Whitney Avenue, New Haven CT 06511.
( 2 )Option vested 33.33% ratably over a three-year period on 01/22/2011, 01/22/2012, and 01/22/2013.
( 3 )Option vested 33.33% ratably over a three-year period on 09/27/2011, 09/27/2012, and 09/27/2013.
( 4 )Option vests 33.33% ratably over a three-year period on 09/08/2012, 09/08/2013, and 09/08/2014.
( 5 )Option vests 33.33% ratably over a three-year period on 12/05/2013, 12/05/2014 and 12/05/2015.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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