SEC Form 4 · accession 0001209191-18-015949
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 · 5:57 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 (Performance-Based)F1,F2,F3 | — | Mar 1, 2018 | A | 80,000 | A | — | — | Series A Common Stock | 80,000 | 80,000 | D |
Explanation of responses
- F1These performance-based restricted stock units (PBRSUs) were awarded on March 2, 2017. The underlying performance criteria were determined on March 1, 2018.
- F2Each PBRSU represents a contingent right to receive the value of one share of A. H. Belo Corporation Series A Common Stock. PBRSUs 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.
- F3These PBRSUs vest 100% on the third trading day following the annual earnings release for the fiscal year ending December 31, 2017, and are settled within 10 business days after vesting. The Company's earnings release date for fiscal year end 2017 was March 2, 2018, therefore these PBRSUs will vest on March 7, 2018.