SEC Form 4 · accession 0001209191-17-007204
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
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 5:23 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 Stock | Jan 31, 2017 | A | 47,913 | $0.00 | A | 50,162 | D | |
| Class A Common StockF1 | Jan 31, 2017 | M | 20,607 | — | A | 70,769 | D | |
| Class A Common Stock | Jan 31, 2017 | F | 34,873 | $28.84 | D | 35,896 | 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 31, 2017 | M | 20,614 | D | — | — | Class A Common Stock | 20,607 | 0 | 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 September 2, 2014, February 11, 2015 and February 8, 2016, the Reporting Person was granted awards of 4,774; 6,534; and 12,232 RSUs, respectively, as adjusted for the Company's August 2014 spin-off and April 2015 and February 2017 special dividends. Of these, 2,712; 5,335; and 12,560, respectively, vested on January 31, 2017, including 118; 231; and 328 shares distributed in respect of dividend equivalent rights granted in respect of the awards. On the vesting date, cash in lieu of .6088; 2.3779; and 3.8016 aggregate fractional shares, respectively, was also credited to the Reporting Person.