SEC Form 4 · accession 0001209191-16-105349
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melanie Hughes
Officer — EVP, Human Resources
Period of report
Mar 1, 2016
Accepted (ET)
Mar 3, 2016 · 4:34 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 | Mar 1, 2016 | M | 2,971 | — | A | 8,397 | D | |
| Class A Common Stock | Mar 1, 2016 | F | 1,099 | $37.91 | D | 7,298 | 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 | — | Mar 1, 2016 | M | 2,972 | D | — | — | Class A Common Stock | 2,972 | 11,505 | 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 13, 2013 and February 11, 2014 (plus accrued dividend equivalents), 587.4481 and 2,384.4077, respectively, vested on March 1, 2016. The remaining RSUs from these grants (together with accrued dividend equivalents) will vest on March 1, 2017, subject to the Reporting Person's continued employment. Fractional shares were cashed out.