SEC Form 4 · accession 0001209191-18-036382
A. H. Belo Corp · AHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis E Caldera
Director
Period of report
Jun 6, 2018
Accepted (ET)
Jun 7, 2018 · 4:47 pm EDT
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 | Jun 6, 2018 | M | 9,481 | — | A | 34,153 | D | |
| Series A Common StockF3 | Jun 6, 2018 | D | 3,792 | $4.85 | D | 30,361 | 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 | — | Jun 6, 2018 | M | 9,481 | D | — | — | Series A Common Stock | 9,481 | 0 | D |
| Restricted Stock Units (Time-Based)F2,F6 | — | Jun 6, 2018 | A | 12,061 | A | — | — | Series A Common Stock | 12,061 | 12,061 | D |
Explanation of responses
- F1The number of shares shown represents the time-based restricted stock units (TBRSUs) that vested on May 12, 2016 and were settled on June 6, 2018. These TBRSUs were awarded on May 14, 2015.
- F2Each TBRSU represents a contingent right to receive the value of one share of A. H. Belo Corporation Series A Common Stock. These TBRSUs are valued as of the date of settlement 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 were settled and paid on June 6, 2018. Settlement of the cash portion is, pursuant to SEC guidance, deemed to be a sale of shares to the Company.
- F4These TBRSUs were awarded on May 14, 2015.
- F5These TBRSUs vested 100% on May 12, 2016 and were settled on June 6, 2018.
- F6These TBRSUs vest 100% on the date of the Company's 2019 annual meeting of shareholders and are settled within 10 business days of the 2021 annual meeting of shareholders.