SEC Form 4 · accession 0001225208-17-009903
EMMIS COMMUNICATIONS CORP · EMMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick M Walsh
Officer — President, COO
Period of report
May 12, 2017
Accepted (ET)
May 16, 2017 · 4:21 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 12, 2017 | A | 4,555 | $0.00 | A | 225,451 | D | |
| Class A Common StockF2 | May 12, 2017 | F | 2,285 | $3.29 | D | 223,166 | D | |
| Class A Common Stock | May 12, 2017 | S | 20,000 | $3.1423 | D | 203,166 | D | |
| Class A Common Stock | holding | — | — | — | 1,455 | 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.