SEC Form 4 · accession 0001209191-16-098757
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chandler Bigelow
Officer — Interim CFO & EVP, CBSO
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 4:36 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 | 1,626 | — | A | 18,185 | 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 | 779 | D | — | — | Class A Common Stock | 779 | 33,626 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 11, 2016 | M | 849 | D | — | — | Class A Common Stock | 849 | 32,777 | 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, 2014 and March 5, 2014 (plus accrued dividend equivalents), 667.8785 and 110.9740 respectively, vested on February 11, 2016. The remaining RSUs from these grants (together with accrued dividend equivalents) will vest ratably in two installments on February 11, 2017 and 2018, subject to the Reporting Person's continued employment.
- F3Of the RSUs granted to the Reporting Person on February 11, 2015 (plus accrued dividend equivalents), 849.1019 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.