SEC Form 4 · accession 0001531550-16-000002
MEDIA GENERAL INC · NYSE: MEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew C. Carington
Officer — VP and General Counsel
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000216539
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Voting Common Stock (no par value)F1 | Feb 26, 2016 | A | 2,320 | $16.295 | A | 10,620 | D | |
| Voting Common Stock (no par value)F2 | Feb 26, 2016 | A | 1,681 | $16.295 | A | 12,301 | D | |
| Voting Common Stock (no par value)F3 | Feb 29, 2016 | S | 1,323 | $16.38 | D | 10,978 | D |
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 | Feb 26, 2016 | D | 5,043 | D | — | — | Voting Common Stock (no par value) | 5,043 | 15,130 | D |
| Time-Based Restricted Stock UnitF2 | $0.00 | Feb 26, 2016 | D | 1,681 | D | — | — | Voting Common Stock (no par value) | 1,681 | 5,043 | D |
Explanation of responses
- F1On February 26, 2016, 2,320 shares of Performance-Based Restricted Stock Units, granted on April 23, 2015 under the Media General Amended and Restated Long-Term Incentive Plan vested and were released, and 2,723 shares were cancelled.
- F2On February 26, 2016, 1,681 shares of Time-Based Restricted Stock Unit granted on April 23, 2015 under the Media General Amended and Restated Long-Term Incentive Plan vested and were released.
- F3On February 29, 2016, 1,323 shares were sold to cover payroll taxes.