Earnings Feed
Sign Up
Home/Filings/4/0001140361-15-014410
4//SEC Filing

JOURNAL COMMUNICATIONS INC 4

Accession 0001140361-15-014410

CIK 0001232241operating
View on SEC.govCompany Profile

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 4:57 PM ET

Size

13.2 KB

Accession

0001140361-15-014410

Insider Transaction Report

Form 4
Period: 2015-03-31
JOURNAL COMMUNICATIONS INCJRN
LEAHY MARY HILL
* (see title noted on page 4)
Transactions
  • Other

    Class B Common Stock

    2015-03-31−45,231→ 0 total
    → Class A Common Stock (45,231 underlying)
  • Other

    Stock Appreciation Right

    2015-03-31−15,000→ 0 total
    Exp: 2017-02-16→ Class B Common Stock (15,000 underlying)
  • Tax Payment

    Class B Common Stock

    2015-03-31$14.82/sh−1,376$20,392→ 45,231 total
    → Class A Common Stock (1,376 underlying)
  • Other

    Stock Appreciation Right

    2015-03-31−42,000→ 0 total
    Exercise: $13.31Exp: 2017-02-16→ Class B Common Stock (42,000 underlying)
Footnotes (6)
  • [F1]The Class B Common Stock is convertible into Class A Common Stock (subject to certain limitations specified in the Issuer's Amended and Restated Articles of Incorporation) on a 1-for-1 basis at no cost.
  • [F2]Reflects payment of tax liability by withholding shares of stock incident to the vesting of restricted stock.
  • [F3]The shares of Journal Communications, Inc. stock were converted into shares of Journal Media Group, Inc. and The E.W. Scripps Company in connection with the closing of the transactions between Journal Communications and The E.W. Scripps Company (the "Transactions").
  • [F4]The stock appreciation right was granted February 16, 2007 to the reporting person under the Journal Communications, Inc. 2003 Equity Incentive Plan.
  • [F5]In connection with the Transactions, all stock appreciation rights were fully vested as of March 30, 2015. All outstanding stock appreciation rights were cancelled and the reporting person received a cash payment.
  • [F6]The stock appreciation right has an escalating base value which starts with $13.31, the closing price of the Company's Class A Common Stock on the date of grant, and increases by 6% per year for each year that the stock appreciation right remains outstanding, starting on the first anniversary of the grant date.

Documents

1 file

Issuer

JOURNAL COMMUNICATIONS INC

CIK 0001232241

→
Entity typeoperating

Related Parties

1
  • filerCIK 0001232241

Filing Metadata

Form type
4
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:57 PM ET
Size
13.2 KB
View on SEC.gov