SEC Form 4 · accession 0001181431-15-000284
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Wert
Officer — President, Broadcast Media
Period of report
Jan 1, 2015
Accepted (ET)
Jan 5, 2015 · 4:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000726513
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jan 1, 2015 | M | 5,238 | — | A | 10,184 | D | |
| Class A Common Stock | Jan 1, 2015 | F | 1,789 | $59.77 | D | 8,395 | 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 UnitsF1,F2 | — | Jan 1, 2015 | M | 5,238 | D | — | — | Class A Common Stock | 5,238 | 10,477 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") is the economic equivalent of one share of the Issuer's Class A Common Stock.
- F2The Reporting Person was granted 8,964 RSUs on May 7, 2013 and 6,751 on February 11, 2014. These RSUs vest ratably in four installments on January 1, 2014, 2015, 2016 and 2017, subject to the Reporting Person's continued employment.