SEC Form 4 · accession 0001225208-16-032924
EMMIS COMMUNICATIONS CORP · EMMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory T Loewen
Officer — President - Publishing
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 5:05 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 | 20,914 | $0.00 | A | 256,549 | D | |
| Class A Common StockF2 | May 6, 2016 | F | 10,489 | $0.52 | D | 246,060 | D |
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.