SEC Form 4 · accession 0001140361-15-014397

JOURNAL COMMUNICATIONS INC · JRN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Pres & Chief Operating Officer

Period of report

Mar 31, 2015

Accepted (ET)

Apr 3, 2015 · 4:48 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	Mar 31, 2015	J	2,500	$0.00	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Units^F2	—	Mar 31, 2015	M	16,035	D	—	—	Class B Common Stock	16,035	0	D
Performance Units^F3	—	Mar 31, 2015	M	11,352	D	—	—	Class B Common Stock	11,352	0	D
Class B Common Stock^F5,F4	—	Mar 31, 2015	M	10,694	A	—	—	Class A Common Stock	10,694	316,159	D
Class B Common Stock^F5,F4	—	Mar 31, 2015	M	4,725	A	—	—	Class A Common Stock	4,725	320,884	D
Class B Common Stock^F4	—	Mar 31, 2015	F	6,954	D	—	—	Class A Common Stock	6,954	313,930	D
Class B Common Stock^F4	—	Mar 31, 2015	F	10,399	D	—	—	Class A Common Stock	10,399	303,531	D
Class B Common Stock^F4	—	Mar 31, 2015	J	303,531	D	—	—	Class A Common Stock	303,531	0	D

F1The shares of Journal Communications, Inc. stock were converted into shares of Journal Media Group, Inc. and The E.W. Scripps Company in connection with the closing of the transactions between Journal Communications and The E.W. Scripps Company (the "Transactions").
F2Performance units granted March 11, 2013 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan.
F3Performance units granted March 6, 2014 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan.
F4The 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.
F5The performance units were prorated based on the length of time within the performance period that had elapsed prior to the closing date of the Transactions.
F6Reflects payment of tax liability by withholding shares of stock incident to the vesting of performance units.
F7Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock.