SEC Form 4 · accession 0001209191-17-010761
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Litman
Officer — SVP, Controller & CAO
Period of report
Feb 11, 2017
Accepted (ET)
Feb 14, 2017 · 6:10 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, 2017 | M | 1,506 | — | A | 4,112 | D | |
| Class A Common Stock | Feb 11, 2017 | F | 548 | $31.35 | D | 3,564 | 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, 2017 | M | 1,508 | D | — | — | Class A Common Stock | 1,506 | 6,518 | 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 February 11, 2014, March 5, 2014 and February 11, 2015, the Reporting Person was granted awards of 2,021; 112; and 3,266 RSUs, respectively, as adjusted for the Company's August 2014 spin-off and April 2015 and February 2017 special dividends. Of these, 586; 32; and 888, respectively, vested on February 11, 2017, including 25; 1; and 38 shares distributed in respect of dividend equivalent rights granted in respect of the awards. On the vesting date, cash in lieu of .6516; .4177; and .8660 fractional shares, respectively, was also credited to the Reporting Person.