SEC Form 4 · accession 0001593195-17-000064
Tribune Publishing Co · TPCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Reck
Director
Period of report
Aug 7, 2017
Accepted (ET)
Aug 9, 2017 · 5:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001593195
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 7, 2017 | A | 10,567 | $0.00 | A | 20,567 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock UnitsF2,F3 | — | Aug 7, 2017 | A | 4,812 | A | — | — | Common Stock | 4,812 | 6,471 | D |
Explanation of responses
- F1This award of restricted stock will vest on August 7, 2018, subject to acceleration upon certain events. The award will be forfeited if the Reporting Person voluntarily resigns from the Board of Directors prior to the vesting date.
- F2Stock units convert into common stock on a one-for-one basis.
- F3Represents stock units in lieu of annual cash director fee payable to the reporting person. The stock units are to be settled in shares of the Company's common stock upon the earlier of (i) the reporting person's termination of service as a director of the Company and (ii) a change in control (as defined in the tronc, Inc. 2014 Omnibus Incentive Plan).