SEC Form 4 · accession 0001209191-18-015438
A. H. Belo Corp · AHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Michael Storer
Officer — President/Belo + Company
Period of report
Mar 1, 2018
Accepted (ET)
Mar 2, 2018 · 1:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001413898
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | — | Mar 1, 2018 | A | 97,087 | A | — | — | Series A Common Stock | 97,087 | 97,087 | D |
Explanation of responses
- F1Each 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 Series A Common Stock and 40% in cash.
- F2These TBRSUs vest as follows: 40% on the third trading day following the annual earnings release for the fiscal year ending December 31, 2018, 30% on the third trading day following the annual earnings release date for each of the fiscal years ending December 31, 2019 and 2020, respectively. Each tranche is settled within 10 business days after vesting.