SEC Form 4 · accession 0001225208-16-041027
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
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 5:26 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 | Oct 31, 2016 | A | 2,760 | $0.00 | A | 68,225 | D | |
| Class A Common StockF2,F3 | Oct 31, 2016 | F | 1,128 | $3.40 | D | 67,097 | D | |
| Class A Common StockF3 | holding | — | — | — | 1,204 | 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.
- F3Reflects adjustments made following implementation of the reverse stock split on July 8, 2016.