4//SEC Filing
MEDIA GENERAL INC 4
Accession 0001140361-14-046376
CIK 0000216539operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 9:01 PM ET
Size
17.6 KB
Accession
0001140361-14-046376
Insider Transaction Report
Form 4
MORTON MARSHALL N
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Voting Common Stock (no par value)
2014-12-19−150,072→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy)
2014-12-19−8,000→ 0 totalExercise: $32.50Exp: 2015-12-31→ Voting Common Stock (no par value) (8,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-12-19−24,700→ 0 totalExercise: $63.18Exp: 2015-01-27→ Voting Common Stock (no par value) (24,700 underlying) - Disposition to Issuer
Employee Stock Option (right to buy)
2014-12-19−52,300→ 0 totalExercise: $49.66Exp: 2016-01-26→ Voting Common Stock (no par value) (52,300 underlying) - Award
Deferred Stock Units
2014-12-19+10,000→ 10,000 total→ Voting Common Stock (no par value) (10,000 underlying) - Disposition to Issuer
Deferred Stock Units
2014-12-19+10,000→ 0 total→ Voting Common Stock (no par value) (10,000 underlying)
Footnotes (5)
- [F1]On December 19, 2014, Media General, Inc. ("Media General", formerly Mercury New Holdco, Inc.), MGOC, Inc. ("MGOC", formerly Media General, Inc.) and Lin Media LLC ("Lin") consummated a business combination transaction (the "Merger") as a result of which MGOC, Inc. and Lin Media LLC each became a direct wholly owned subsidiary of Media General. Pursuant to the Merger, (i) each share of voting common stock of MGOC was converted into one share of voting common stock of Media General ("Voting Common Stock") and (ii) each share representing a limited liability company interest in Lin was converted into 1.4714 shares of Voting Common Stock. Equity-based awards granted pursuant to MGOC plans and Lin plans that were outstanding immediately prior to the Merger were converted into awards in respect of Voting Common Stock at the closing of the Merger.
- [F2]Options were granted under the Media General, Inc. 1987 Non-Qualified Stock Option Plan, which are set to expire on 12/31/2015.
- [F3]Options were granted under the Media General, Inc. 1995 Long-Term Incentive Plan, which became fully exercisable on 1/27/2008.
- [F4]Options were granted under the Media General, Inc. 1995 Long-Term Incentive Plan, which became fully exercisable on 1/26/2009.
- [F5]Effective immediately prior to the closing of the Merger, the reporting person received 10,000 Deferred Stock Units. One-half of such units will vest on each of December 19, 2016 and December 19, 2017, notwithstanding any earlier termination of services. Each vested unit entitles the reporting person to one share of Media General, Inc.'s Voting Common Stock.Effective immediately prior to the closing of the Merger, the reporting person received 10,000 Deferred Stock Units. One-half of such units will vest on each of December 19, 2016 and December 19, 2017, notwithstanding any earlier termination of services. Each vested unit entitles the reporting person to one share of Media General, Inc.'s Voting Common Stock.Effective immediately prior to the closing of the Merger, the reporting person received 10,000 Deferred Stock Units. One-half of such units will vest on each of December 19, 2016 and December 19, 2017, notwithstanding any earlier termination of services. Each vested unit entit
Documents
Issuer
MEDIA GENERAL INC
CIK 0000216539
Entity typeoperating
IncorporatedVA
Related Parties
1- filerCIK 0000216539
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 9:01 PM ET
- Size
- 17.6 KB