SEC Form 4 · accession 0001181431-15-003762
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Cherniss
Officer — Pres. and Gen. Mgr., WGN Amer.
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 4:35 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 | Mar 1, 2015 | M | 4,729 | — | A | 8,159 | D | |
| Class A Common Stock | Mar 1, 2015 | F | 1,769 | $65.97 | D | 6,390 | 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 | — | Mar 1, 2015 | M | 3,457 | D | — | — | Class A Common Stock | 3,457 | 6,916 | D |
| Restricted Stock UnitsF1,F3 | — | Mar 1, 2015 | M | 1,272 | D | — | — | Class A Common Stock | 1,272 | 1,272 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") is the economic equivalent of one share of the Issuer's Class A Common Stock.
- F2Of the RSUs granted to the Reporting Person on June 20, 2013 and February 11, 2014, 810 and 2,647, respectively, vested on March 1, 2015. The remaining RSUs from these grants will vest ratably in two installments on March 1, 2016 and 2017, subject to the Reporting Person's continued employment.
- F3Of the RSUs granted to the Reporting Person on June 20, 2013, 1,272 vested on March 1, 2015. The remaining RSUs from this grant will vest on March 1, 2016, subject to the Reporting Person's continued employment.