SEC Form 4 · accession 0001209191-15-069513
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Batter
Officer — CEO, Gracenote & EVP Trib. M.
Period of report
Sep 2, 2015
Accepted (ET)
Sep 3, 2015 · 5:42 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 | Sep 2, 2015 | M | 1,102 | — | A | 1,102 | D | |
| Class A Common Stock | Sep 2, 2015 | F | 414 | $38.94 | D | 688 | 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 | — | Sep 2, 2015 | M | 1,102 | D | — | — | Class A Common Stock | 1,102 | 9,096 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") is the economic equivalent of one share of the Issuer's Class A Common Stock. Fractional shares are settled in cash.
- F2Of the RSUs granted to the Reporting Person on September 2, 2014 and dividend equivalents accrued thereon, 1,102.2187 vested on September 2, 2015. The remaining RSUs including dividend equivalents accrued from this grant will vest ratably in three installments on September 2, 2016, 2017 and 2018, subject to the Reporting Person's continued employment.