MEDIA GENERAL INC 4
4 · MEDIA GENERAL INC · Filed Nov 13, 2013
Insider Transaction Report
Form 4
Wortham Coleman III
Director
Transactions
- Disposition to Issuer
Class A Common Stock ($5.00 par value)
2013-11-12−100,000→ 0 total - Award
Phantom Stock
2013-11-12+175,452→ 175,452 total→ Voting Common Stock (no par value) (175,452 underlying) - Disposition to Issuer
Phantom Stock
2013-11-12−175,452→ 0 total→ Class A Common Stock ($5.00 par value) (175,452 underlying) - Award
Voting Common Stock (no par value)
2013-11-12+100,000→ 100,000 total
Footnotes (3)
- [F1]On November 12, 2013, in conjunction with the closing of Media General, Inc.'s business combination transaction with New Young Broadcasting Holding Co., Inc., Media General, Inc. completed a reclassification of its capital stock. Pursuant to such reclassification, each share of the reporting person's Class A Common Stock ($5.00 par value) was reclassified into one share of Voting Common Stock (no par value). Equity-based awards granted pursuant to plans that are granted or remain outstanding after the reclassification are exercisable or convertible, as applicable, into shares of Voting Common Stock.
- [F2]Upon termination of service as a director, the units become payable in accordance with the settlement election of the reporting person.
- [F3]Units acquired under the Company deferred compensation plan for outside directors fees. Each unit is the economic equivalent of one share of common stock.