LIN Media LLC 4
4 · LIN Media LLC · Filed Sep 12, 2013
Insider Transaction Report
Form 4
BANOWSKY WILLIAM S JR
Director
Transactions
- Award
Class A Common Shares
2013-09-10$17.03/sh+14,600$248,638→ 101,361 total
Footnotes (2)
- [F1]Shares were awarded pursuant to the amended and restated 2002 Non-Employee Director Stock Plan. The shares are subject to forfeiture and are non-transferable until vested. The shares vest in three (3) annual installments from the date of grant. Twenty five percent (25%) of the shares vest upon the first and second anniversary, the remaining fifty percent (50%) vests on the third anniversary of the date of grant.
- [F2]This number includes 44,600 restricted shares awarded pursuant to the amended and restated 2002 Non-Employee Director Stock Plan. These shares remain subject to forfeiture and are nontransferable until vested. The shares vest over either three (3) or four (4) years from the date of grant.