SEC Form 4 · accession 0001209191-17-017722
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:04 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 | 540 | — | A | 4,104 | D | |
| Class A Common Stock | Mar 1, 2017 | F | 163 | $37.38 | D | 3,941 | 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 | 541 | D | — | — | Class A Common Stock | 540 | 9,629 | 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, the Reporting Person was granted an award of 1,714 RSUs, as adjusted for the Company's August 2014 spin-off and April 2015 and February 2017 special dividends. Of these, 540 vested on March 1, 2017, including 23 shares distributed in respect of dividend equivalent rights granted in respect of the awards. On the vesting date, cash in lieu of .6396 fractional shares was also credited to the Reporting Person.