SEC Form 4 · accession 0001209191-19-009274
TRIBUNE MEDIA CO · TRCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Wert
Officer — President, Broadcast Media
Period of report
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 4:05 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 | Feb 8, 2019 | M | 2,312 | — | A | 45,411 | D | |
| Class A Common Stock | Feb 8, 2019 | F | 668 | $46.10 | D | 44,743 | 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 8, 2019 | M | 2,312 | D | — | — | Class A Common Stock | 2,312 | 38,841 | 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 8, 2016, the Reporting Person was granted an award of 8,561 RSUs, as adjusted for the Company's February 2017 special dividend. Of these, 2,312 vested on February 8, 2019, including 172 shares distributed in respect of dividend equivalent rights granted in respect of the award. On the vesting date, cash in lieu of .4770 vested fractional shares was also credited to the Reporting Person.