Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
GBL > SEC Filings for GBL > Form 8-K on 13-Nov-2012All Recent SEC Filings

Show all filings for GAMCO INVESTORS, INC. ET AL

Form 8-K for GAMCO INVESTORS, INC. ET AL


13-Nov-2012

Other Events


Item 8.01. Other Events.

On November 12, 2012, GAMCO Investors, Inc. announced that its Board of Directors has accelerated the lapse of restrictions on all outstanding restricted stock awards ("RSAs") effective on November 13, 2012. There are 369,100 RSAs outstanding. GAMCO will incur a fourth quarter non-cash charge of $10.1 million or $0.22 per diluted share (after management fee and tax benefit) as a result of the acceleration. GAMCO had previously recorded non-cash charges of $2.6 million or $0.06 per diluted share during the first three quarters of 2012 bringing the full amount expensed in 2012 to $12.7 million or $0.28 per diluted share. The comparable financial results in 2013 will benefit from the absence of this stock compensation expense.

  Add GBL to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for GBL - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.