SEC Form 4 · accession 0001652005-15-000017
SAGA COMMUNICATIONS INC · SGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Warren S Lada
Officer — Executive VP - Operations
Period of report
Nov 13, 2015
Accepted (ET)
Nov 17, 2015 · 5:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886136
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Nov 13, 2015 | A | 3,791 | $40.09 | A | 18,476 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock which vests in one-third increments on November 6, 2016, 2017 and 2018 unless reporting person is no longer an employee on applicable date. Any restricted stock which does not vest is forfeited. Notwithstanding the above, if the reporting person is an employee on the occurrence or deemed occurrence of a change in control, all restricted stock shall vest.