SEC Form 4 · accession 0001209191-17-017716
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chandler Bigelow
Officer — EVP & CFO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:03 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, 2017 | M | 11,221 | — | A | 47,217 | 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, 2017 | M | 11,223 | D | — | — | Class A Common Stock | 11,221 | 21,831 | 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, November 1, 2013 and February 11, 2014, the Reporting Person was granted awards of 7,812; 4,701; and 23,113 RSUs, respectively, as adjusted for the Company's August 2014 spin-off and April 2015 and February 2017 special dividends. Of these, 2,461; 1,480; and 7,280, respectively, vested on March 1, 2017, including 107; 64; and 318 shares distributed in respect of dividend equivalent rights granted in respect of the awards. On the vesting date, cash in lieu of .6359; .7459; and .3342 fractional shares, respectively, was also credited to the Reporting Person.