SEC Form 4 · accession 0001209191-17-019429
A. H. Belo Corp · AHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie Kaye Hoagland
Officer — SVP/Chief People Officer
Period of report
Mar 8, 2017
Accepted (ET)
Mar 8, 2017 · 7:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001413898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A Common StockF1,F2 | Mar 8, 2017 | M | 768 | — | A | 768 | D | |
| Series A Common StockF3 | Mar 8, 2017 | D | 308 | $6.30 | D | 460 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Time-Based)F4,F2,F5 | — | Mar 8, 2017 | M | 768 | D | — | — | Series A Common Stock | 768 | 1,154 | D |
Explanation of responses
- F1The number of shares shown represents the time-based restricted stock units (TBRSUs) that vest and were paid on March 8, 2017. These TBRSUs were awarded on July 1, 2016.
- F2Each time-based restricted stock unit (TBRSU) represents a contingent right to receive the value of one share of A. H. Belo Corporation Series A Common Stock. TBRSUs are valued as of the date of vesting and are paid 60% in shares of A. H. Belo Corporation Series A Common Stock and 40% in cash.
- F3The number of shares shown represents the settlement of the 40% cash portion of TBRSUs that vested and were paid on March 8, 2017. Pursuant to SEC guidance, settlement of the cash portion is deemed a disposition of shares to the Company.
- F4These TBRSUs were awarded on July 1, 2016.
- F5These TBRSUs vest 100% and are paid on the third trading day following the annual earnings release date for the fiscal year ended December 31, 2016.