SEC Form 4 · accession 0001209191-17-021781

TRIBUNE MEDIA CO · TRCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, General Counsel & CSO

Period of report

Mar 16, 2017

Accepted (ET)

Mar 20, 2017 · 5:27 pm EDT

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^F1	Mar 16, 2017	M	3,835	—	A	41,312	D
Class A Common Stock	Mar 16, 2017	F	1,830	$37.29	D	39,482	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Share Units^F1	—	Mar 16, 2017	M	3,835	D	—	Mar 1, 2018	Class A Common Stock	3,835	38,352	D

F1Each performance share unit ("PSU") represents a contingent right to receive a share of the Company's Class A Common Stock. The PSUs vest during a two year performance period from March 1, 2016 until March 1, 2018, if a closing stock price of the Company's Class A Common Stock is maintained for 10 consecutive trading days that equals or exceeds $44 and each increment of $2 thereafter, up to a maximum of $64, as adjusted for dividends declared subsequent to the grant (each, a "stock price hurdle"). No stock price hurdle is counted twice. On March 16, 2017, the first stock price hurdle, as adjusted for dividends, was achieved.