Sec Form 4 Filing - Ferman Carrie @ Remark Media, Inc. - 2012-06-30

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
Ferman Carrie
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 Executive Officer
(Last) (First) (Middle)
SIX CONCOURSE PARKWAY, SUITE 1500
3. Date of Earliest Transaction (MM/DD/YY)
06/30/2012
(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
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) $ 3.4 06/30/2012 A 14,705 ( 1 ) 06/30/2022 Common Stock 14,705 $ 0 14,705 D
Nonqualified Stock Option (Right to Buy) $ 6.05 ( 2 ) 02/01/2022 Common Stock 108,480 108,480 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ferman Carrie
SIX CONCOURSE PARKWAY, SUITE 1500
ATLANTA, GA30328
Chief Executive Officer
Signatures
/s/ Bradley Zimmer, by Power of Attorney 07/20/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )4,902 shares will vest on June 30, 2013; 4,902 shares will vest on June 30, 2014; and 4,901 shares will vest on June 30, 2015.
( 2 )Represents two separate nonqualified stock option awards as follows: in respect of 54,240 shares, 6,780 shares are vested at the time of the grant, 3,390 shares will vest on April 27, 2012, and 3,390 shares will vest on the 27th day of every third month thereafter until all options have vested; in respect of the other 54,240 shares, 4,520 shares will vest on March 14, 2012, and 4,520 shares will vest on the 14th day of every third month thereafter until all options have vested.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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