SEC Form 4 · accession 0001209191-16-097314
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
Feb 8, 2016
Accepted (ET)
Feb 10, 2016 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000726513
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Feb 8, 2016 | A | 5,349 | A | — | — | Class A Common Stock | 5,349 | 19,420 | D |
| OptionsF3 | $29.16 | Feb 8, 2016 | A | 21,311 | A | — | Feb 8, 2026 | Class A Common Stock | 21,311 | 21,311 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") is the economic equivalent of one share of the Issuer's Class A common stock.
- F2The RSUs will vest and settle into shares of Class A Common Stock ratably in four installments on each anniversary of February 8, 2016, subject to the Reporting Person's continued employment.
- F3The options will vest and become exercisable ratably in four installments on each anniversary of February 8, 2016, subject to the Reporting Person's continued employment.