UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (Right to Buy) | Â (1) | 08/06/2018 | Common Stock | 242,044 | $ 5.01 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SEEDMAN MICHAEL C/O MEDQUIST HOLDINGS INC. 9009 CAROTHERS PARKWAY FRANKLIN, TN 37067 |
 X |  |  Chief Technology Officer |  |
/s/ Mark Sullivan, Authorized Signatory | 02/04/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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). |
(1) | Represents options to purchase the common stock of MedQuist Holdings Inc. which are subject to the following vesting schedule: one-third of the shares vested on August 6, 2009, and one-sixth of the shares vest every six months thereafter. |
 Remarks: Mr. Seedman is a director and Chief Technology Officer of MedQuist Holdings Inc.  Mr. Seedman also serves as an executive partner, a senior operating consultant role, to S.A.C. Private Capital Group, LLC, affiliates of which, S.A.C. PEI CB Investment, L.P. ("SAC CBI"), S.A.C. PEI CB Investment II, LLC ("SAC CBI II") and International Equities (S.A.C. Asia) Limited ("SAC Asia"), hold shares of MedQuist Holdings Inc. common stock.  Mr. Seedman disclaims beneficial ownership of the shares of MedQuist Holdings Inc. owned by SAC CBI, SAC CBI II and SAC Asia, and this report shall not be deemed an admission that Mr. Seedman is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Exhibit List:  Exhibit 24 - Power of Attorney |