SEC Form 4 · accession 0001209191-17-017725
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 5:05 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 | 48,482 | — | A | 211,261 | 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 | 48,485 | D | — | — | Class A Common Stock | 48,482 | 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 February 11, 2014, March 5, 2014, February 11, 2015, February 8, 2016 and February 14, 2017, the Reporting Person was granted awards of 14,448; 2,404; 19,606; 36,697; and 28,142 RSUs, respectively, as adjusted for the Company's August 2014 spin-off and April 2015 and February 2017 special dividends. On March 1, 2017, all outstanding awards either vested or were cancelled, pursuant to a Separation Agreement, dated January 24, 2017, between the Company and the Reporting Person.