Sec Form 4 Filing - Orme Eric @ Remark Media, Inc. - 2012-02-01

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
Orme Eric
2. Issuer Name and Ticker or Trading Symbol
Remark Media, Inc. [ MARK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Technology Officer
(Last) (First) (Middle)
SIX CONCOURSE PARKWAY, SUITE 1500
3. Date of Earliest Transaction (MM/DD/YY)
02/01/2012
(Street)
ATLANTA, GA30328
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 6,102 D
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
Nonqualified Stock Option (Right to Buy) $ 6.05 02/01/2012 A 27,500 ( 1 ) 02/01/2022 Common Stock 27,500 $ 0 27,500 D
Nonqualified Stock Option (Right to Buy) $ 3.9 ( 2 ) 11/05/2019 Common Stock 22,500 22,500 D
Stock Option (Right to Buy) $ 2.88 ( 3 ) 02/25/2021 Common Stock 27,500 27,500 D
Stock Option (Right to Buy) $ 32.5 ( 4 ) 08/12/2018 Common Stock 334 334 D
Stock Option (Right to Buy) $ 6.06 ( 5 ) 09/21/2020 Common Stock 60,000 60,000 D
Stock Option (Right to Buy) $ 70.3 ( 4 ) 11/09/2017 Common Stock 2,500 2,500 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Orme Eric
SIX CONCOURSE PARKWAY, SUITE 1500
ATLANTA, GA30328
Chief Technology Officer
Signatures
/s/ Bradley Zimmer, by Power of Attorney 02/03/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )1,165 shares will vest on March 1, 2012. On April 1, 2012, 1,145 shares will vest, and 1,145 shares will vest on the first day of each month thereafter until all options have vested.
( 2 )3057 shares of the options vested on November 5, 2009. 555 vested on December 1, 2009, and 555 will vest on the first day of each month thereafter until all options have vested.
( 3 )On March 25, 2011, 1,165 options will vest and, thereafter, the remaining options will vest equally in 23 monthly installments commencing on April 25, 2011.
( 4 )The options are 100% vested.
( 5 )The options will vest in four equal installments annually beginning September 21, 2011.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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