SEC Form 4 · accession 0001181431-15-003764
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Berns
Officer — EVP & CFO
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 4:36 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 | 3,893 | — | A | 6,924 | D | |
| Class A Common Stock | Mar 1, 2015 | F | 1,448 | $65.97 | D | 5,476 | 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 | 3,893 | D | — | — | Class A Common Stock | 3,893 | 7,787 | 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 July 29, 2013 and February 11, 2014, 1,246 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.