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4//SEC Filing

PARIS GORDON A 4

Accession 0000950142-08-000018

CIK 0000868512other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 5:34 PM ET

Size

7.0 KB

Accession

0000950142-08-000018

Insider Transaction Report

Form 4
Period: 2007-12-31
Transactions
  • Award

    Deferred Stock Units

    2007-12-31+3,490.0311,644.81 total
    Common Stock, Class A (3,490.03 underlying)
Footnotes (4)
  • [F1]On December 31, 2007, Sun-Times Media Group, Inc. (the "Company") issued Deferred Stock Units ("DSUs") to certain of its directors in accordance with the Company's compensation program for non-employee directors.
  • [F2]1-for-1
  • [F3]The DSUs were issued pursuant to the Company's 1999 Stock Incentive Plan and the Company's compensation program for non-employee directors. Upon the settlement of the DSUs, the Company shall transfer to the Reporting Person one share of common stock for each DSU held by the Reporting Person. Each such DSU granted represents an unfunded, unsecured right to receive a share of the Company's Class A Common Stock as soon as is reasonably practicable after the date such non-employee Board member ceases to be a member of the Board (or, if later, on the date the non-employee director suffers a "separation from service," as defined in Section 409A of the Internal Revenue Code of 1986, as amended). The non-employee Board member will receive a cash payment for any fractional shares of the Company's Class A Common Stock when the DSUs are settled.
  • [F4]Not applicable

Issuer

SUN-TIMES MEDIA GROUP INC

CIK 0000868512

Entity typeother

Related Parties

1
  • filerCIK 0001234763

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:34 PM ET
Size
7.0 KB