tronc, Inc. 4
4 · tronc, Inc. · Filed Nov 22, 2016
Insider Transaction Report
Form 4
tronc, Inc.TRNC
Merrick Venture Management, LLC
10% Owner
Transactions
- Purchase
Common Stock
2016-11-18$12.74/sh+21,000$267,490→ 1,172,018 total - Purchase
Common Stock
2016-11-21$12.68/sh+37,266$472,447→ 1,209,284 total - Purchase
Common Stock
2016-11-22$12.73/sh+16,509$210,193→ 1,225,793 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 $12.46 to $12.97, 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 $12.50 to $12.825, 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 $12.60 to $12.82, 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.