Sec Form 4 Filing - WYLLIE MARK @ CENTRAL EUROPEAN MEDIA ENTERPRISES LTD - 2013-06-25

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
WYLLIE MARK
2. Issuer Name and Ticker or Trading Symbol
CENTRAL EUROPEAN MEDIA ENTERPRISES LTD [ CETV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP- Corporate Finance
(Last) (First) (Middle)
C/O CME MEDIA SERVICES LIMITED, KRIZENECKEHO NAM. 1078/5A
3. Date of Earliest Transaction (MM/DD/YY)
06/25/2013
(Street)
PRAGUE 5, 2N15200
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
Option: Right to Buy $ 32.99 06/25/2013 D 4,000 ( 1 ) ( 1 ) Class A Common Stock, par value $0.08 per share 4,000 ( 1 ) 0 D
Option: Right to Buy $ 57 06/25/2013 D 2,000 ( 2 ) ( 2 ) Class A Common Stock, par value $0.08 per share 2,000 ( 2 ) 0 D
Option: Right to Buy $ 56.42 06/25/2013 D 3,000 ( 3 ) ( 3 ) Class A Common Stock, par value $0.08 per share 3,000 ( 3 ) 0 D
Option: Right to Buy $ 113.56 06/25/2013 D 4,000 ( 4 ) ( 4 ) Class A Common Stock, par value $0.08 per share 4,000 ( 4 ) 0 D
Option: Right to Buy $ 22.64 06/25/2013 D 3,000 ( 5 ) ( 5 ) Class A Common Stock, par value $0.08 per share 3,000 ( 5 ) 0 D
Option: Right to Buy $ 23.85 06/25/2013 D 15,000 ( 6 ) ( 6 ) Class A Common Stock, par value $0.08 per share 15,000 ( 6 ) 0 D
Option: Right to Buy $ 22.38 06/25/2013 D 15,000 ( 7 ) ( 7 ) Class A Common Stock, par value $0.08 per share 15,000 ( 7 ) 0 D
Restricted Stock Units ( 8 ) 06/25/2013 A 15,525 ( 9 ) ( 9 ) Class A Common Stock, par value $0.08 per share 15,525 ( 10 ) 15,525 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WYLLIE MARK
C/O CME MEDIA SERVICES LIMITED
KRIZENECKEHO NAM. 1078/5A
PRAGUE 5, 2N15200
VP- Corporate Finance
Signatures
/s/ Meredith Steinhaus on behalf of Mark Wyllie 06/26/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On June 25, 2013, the issuer cancelled, pursuant to the issuer's Offer to Exchange Certain Outstanding Stock Options for Restricted Stock Units dated May 24, 2013 ("Offer to Exchange"), options granted to the reporting person on November 18, 2004. In exchange, the reporting person received 9 restricted stock units in accordance with the items of the Offer to Exchange.
( 2 )On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on December 21, 2005. In exchange, the reporting person received 12 restricted stock units in accordance with the terms of the Offer to Exchange.
( 3 )On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on June 08, 2006. In exchange, the reporting person received 45 restricted stock units in accordance with the terms of the Offer to Exchange.
( 4 )On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on December 05, 2007. In exchange, the reporting person received 3 restricted stock units in accordance with the terms of the Offer to Exchange.
( 5 )On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on December 16, 2008. In exchange, the reporting person received 456 restricted stock units in accordance with the terms of the Offer to Exchange.
( 6 )On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on June 15, 2010. In exchange, the reporting person received 7,500 restricted stock units in accordance with the terms of the Offer to Exchange
( 7 )On June 25, 2013, the issuer cancelled, pursuant to the Offer to Exchange, options granted to the reporting person on May 16, 2011. In exchange, the reporting person received 7,500 restricted stock units in accordance with the terms of the Offer to Exchange
( 8 )Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
( 9 )Subject to the award agreement, 5,175 of these time-vested restricted stock units will vest on each of 6/25/2014, 6/25/2015 and 6/25/2016.
( 10 )Restricted stock units were granted in exchange of certain outstanding stock options in accordance with the Offer to Exchange.

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