SEC Form 4 · accession 0001209191-16-088732
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Liguori
Officer — President and CEO · Director
Period of report
Jan 2, 2016
Accepted (ET)
Jan 5, 2016 · 4:40 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 2, 2016 | M | 44,567 | — | A | 95,476 | D | |
| Class A Common Stock | Jan 2, 2016 | F | 23,148 | $33.81 | D | 72,328 | 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 UnitF1,F2 | — | Jan 2, 2016 | M | 44,569 | D | — | — | Class A Common Stock | 44,569 | 93,503 | 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 May 7, 2013 and February 11, 2014 (including additional RSUs that accrued on them as dividend equivalents), 22,211.0353 and 22,357.6427, respectively, vested on January 2, 2016. The remaining RSUs from these grants (including a proportionate amount of accrued dividend equivalents) will vest on January 2, 2017, subject to the Reporting Person's continued employment.