tronc, Inc. 4
4 · tronc, Inc. · Filed Nov 17, 2016
Insider Transaction Report
Form 4
tronc, Inc.TRNC
Merrick Venture Management, LLC
10% Owner
Transactions
- Purchase
Common Stock
2016-11-15$12.59/sh+30,000$377,706→ 1,086,569 total - Purchase
Common Stock
2016-11-17$12.74/sh+26,339$335,601→ 1,151,018 total - Purchase
Common Stock
2016-11-16$12.83/sh+38,110$489,096→ 1,124,679 total
Holdings
- 5,220,000(indirect: By LLC)
Common Stock
Footnotes (5)
- [F1]Open market purchase pursuant to a 10b5-1 trading plan adopted by Merrick Venture Management, LLC ("Merrick Management"), in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]This transaction was executed in multiple trades at prices ranging from $12.37 to $12.72, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $12.65 to $13.05, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F4]This transaction was executed in multiple trades at prices ranging from $12.62 to $12.955, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F5]Merrick Management is the sole manager of Merrick Media, LLC. Merrick Management disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein.