SEC Form 4 · accession 0001209191-16-098755
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
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 4:35 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 | Feb 11, 2016 | M | 1,455 | — | A | 2,143 | D | |
| Class A Common Stock | Feb 11, 2016 | F | 600 | $27.43 | D | 1,543 | 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 | — | Feb 11, 2016 | M | 1,456 | D | — | — | Class A Common Stock | 1,456 | 17,990 | 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 February 11, 2015 (plus accrued dividend equivalents), 1,455.894 vested on February 11, 2016. The remaining RSUs from this grant (together with accrued dividend equivalents) will vest ratably in three installments on February 11, 2017, 2018 and 2019, subject to the Reporting Person's continued employment.