SEC Form 4 · accession 0001209191-19-009710
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 11, 2019
Accepted (ET)
Feb 13, 2019 · 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 | Feb 11, 2019 | M | 1,311 | — | A | 46,054 | D | |
| Class A Common Stock | Feb 11, 2019 | F | 384 | $46.07 | D | 45,670 | 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 11, 2019 | M | 1,311 | D | — | — | Class A Common Stock | 1,311 | 37,530 | 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, 2015, the Reporting Person was granted an award of 9,795 RSUs, as adjusted for the Company's April 2015 and February 2017 special dividends. Of these, 1,311 vested on February 11, 2019, including 119 shares distributed in respect of dividend equivalent rights granted in respect of the awards. On the vesting date, cash in lieu of .3951 fractional shares was also credited to the Reporting Person.