SEC Form 4 · accession 0001209191-17-001275
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, 2017
Accepted (ET)
Jan 4, 2017 · 5:41 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, 2017 | M | 45,780 | — | A | 146,591 | D | |
| Class A Common Stock | Jan 2, 2017 | F | 19,611 | $34.98 | D | 126,980 | 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 | — | Jan 2, 2017 | M | 45,781 | D | — | — | Class A Common Stock | 45,780 | 53,402 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") convert into shares of Class A Common Stock upon vesting on a one-for-one basis.
- F2On May 7, 2013 and February 11, 2014, the Reporting Person was granted awards of 81,986 and 82,527 RSUs, respectively, as adjusted for the Company's August 2014 spin-off and April 2015 special dividend. Of these, 22,815 and 22,965, respectively, vested on January 2, 2017, including 997 and 1,004 shares distributed in respect of dividend equivalent rights granted in respect of the awards. On the vesting date, cash in respect of .6173 and .1156 vested fractional shares, respectively, was also credited to the Reporting Person.