SEC Form 4 · accession 0001225208-16-032922
EMMIS COMMUNICATIONS CORP · EMMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan A Hornaday
Officer — EVP, CFO & Treasurer
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 5:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000783005
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | May 6, 2016 | A | 19,712 | $0.00 | A | 264,008 | D | |
| Class A Common StockF2 | May 6, 2016 | F | 8,053 | $0.52 | D | 255,955 | D | |
| Class A Common Stock | holding | — | — | — | 2,606 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Company exercised its right under Executive's employment agreement to pay a portion of the executive's salary in shares of Class A Common Stock.
- F2Total number of shares withheld to satisfy tax withholding obligations.