SEC Form 4 · accession 0001653528-16-000047
SAGA COMMUNICATIONS INC · SGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary G Stevens
Director
Period of report
Nov 28, 2016
Accepted (ET)
Nov 30, 2016 · 4:36 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 28, 2016 | A | 874 | $48.60 | A | 7,979 | 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, 2017, 2018 and 2019 unless reporting person is no longer a director on the applicable date. Any restricted stock which does not vest is forfeited. Notwithstanding the above, if the reporting person is a director on the occurrence or deemed occurrence of a change in control, all restricted stock shall vest.