SEC Form 4 · accession 0000216539-15-000052
MEDIA GENERAL INC · NYSE: MEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah A McDermott
Officer — Senior Vice President and COO
Period of report
Apr 23, 2015
Accepted (ET)
Apr 27, 2015 · 2:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000216539
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted Stock UnitF1 | $0.00 | Apr 23, 2015 | A | 53,796 | A | — | — | Voting Common Stock (no par value) | 53,796 | 53,796 | D |
| Time-Based Restricted Stock UnitF2 | $0.00 | Apr 23, 2015 | A | 17,932 | A | — | — | Voting Common Stock (no par value) | 17,932 | 71,728 | D |
Explanation of responses
- F1Performance-Based Restricted Stock Unit grant under the Media General Amended and Restated Long-Term Incentive Plan, which vests over a three-year period with 25% of the units vesting at the end of each of the first two years and the remaining 50% at the end of the third year from the transaction date, contingent upon achieving performance metrics designated by the Compensation Committee of the Board of Directors at the beginning of each year.
- F2Time-Based Restricted Stock Unit grant under the Media General Amended and Restated Long-Term Incentive Plan, which vests over a three-year period with 25% of the units vesting at the end of each of the first two years and the remaining 50% vesting at the end of the third year from the transaction date.