SEC Form 4 · accession 0001140361-15-009930
JOURNAL COMMUNICATIONS INC · JRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William M Kaiser
Officer — Vice President
Period of report
Feb 28, 2015
Accepted (ET)
Mar 3, 2015 · 3:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001232241
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | holding | — | — | — | 3,215 | D | ||
| Class A Common Stock | holding | — | — | — | 10,003 | I | By Spouse | |
| Class A Common Stock | holding | — | — | — | 50 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1 | — | Feb 28, 2015 | F | 2,734 | D | — | — | Class A Common Stock | 2,734 | 17,609 | D |
Explanation of responses
- F1The Class B Common Stock is convertible into Class A Common Stock (subject to certain limitations specified in the Issuer's Amended and Restated Articles of Incorporation) on a 1-for-1 basis at no cost.
- F2Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock previously issued. The reporting person's restricted stock vesting was accelerated upon his departure from the company.