tronc, Inc. 4
4 · tronc, Inc. · Filed Dec 15, 2016
Insider Transaction Report
Form 4
tronc, Inc.TRNC
Merrick Venture Management, LLC
10% Owner
Transactions
- Purchase
Common Stock
2016-12-14$12.99/sh+12,000$155,916→ 1,318,594 total - Purchase
Common Stock
2016-12-15$13.08/sh+700$9,157→ 1,319,294 total - Purchase
Common Stock
2016-12-13$13.35/sh+4,000$53,395→ 1,306,594 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 $13.25 to $13.50, 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 $12.77 to $13.34, 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 $13.07 to $13.10, 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.