SEC Form 4 · accession 0001209191-15-060335
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter E Murphy
Director
Period of report
Jun 15, 2015
Accepted (ET)
Jul 9, 2015 · 6:47 pm EDT
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,F2 | Jun 15, 2015 | A | 33 | $0.00 | A | 15,311 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These Deferred Stock Units ("DSUs") represent dividend equivalent rights ("DERs") that accrued in respect of DSUs previously granted to the Reporting Person, as a result of payment of the Issuer's first quarterly cash dividend on the Issuer's Class A common stock on June 15, 2015. These DERs will settle and, if applicable, vest proportionately and on the same terms and conditions with such related DSUs, except that fractional shares, if any, will be settled in cash. Each DSU is the economic equivalent of one share of the Issuer's Class A common stock.
- F2On April 9, 2015, the Issuer paid a special cash dividend of $6.73 to holders of record of the Issuer's Class A common stock at the close business on March 25, 2015. As a result, the DSUs then held by the Reporting Person were adjusted pursuant to the terms of the Tribune Company 2013 Equity Incentive Plan to reflect the special cash dividend. This total reflects that adjustment.