SEC Form 4 · accession 0001140361-15-012924
JOURNAL COMMUNICATIONS INC · JRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andre J Fernandez
Officer — Pres & Chief Operating Officer
Period of report
Mar 19, 2015
Accepted (ET)
Mar 23, 2015 · 3:01 pm EDT
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 | — | — | — | 2,500 | D |
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 | — | Mar 19, 2015 | F | 2,469 | D | — | — | Class A Common Stock | 2,469 | 305,465 | D |
| Performance UnitsF3 | — | holding | — | — | — | — | — | Class B Common Stock | 11,352 | 11,352 | D |
| Performance UnitsF4 | — | holding | — | — | — | — | — | Class B Common Stock | 16,035 | 16,035 | 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.
- F3Performance units granted March 6, 2014 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The performance units vest in 2017 if the performance target is achieved.
- F4Performance units granted March 11, 2013 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The performance units vest in 2016 if the performance target is achieved.