SEC Form 4 · accession 0001225208-16-037354
EMMIS COMMUNICATIONS CORP · EMMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey H Smulyan
Officer — Chairman,CEO · Director · 10% Owner · Other
Period of report
Aug 1, 2016
Accepted (ET)
Aug 2, 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 | Aug 1, 2016 | A | 5,938 | $0.00 | A | 100,926 | D | |
| Class A Common StockF2,F3 | Aug 1, 2016 | F | 2,736 | $3.93 | D | 98,190 | D | |
| Class A Common Stock | holding | — | — | — | 2,720 | I | By 401(k) Plan | |
| Class A Common Stock | holding | — | — | — | 2,780 | I | By Trusts for Children |
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.
- F3Class A Common Stock reflects a preliminary impact of a 4 to 1 reverse stock split implemented on July 8, 2016.