Journal Media Group, Inc. 4
4 · Journal Media Group, Inc. · Filed Apr 11, 2016
Insider Transaction Report
Form 4
Jashinsky Trina G.
VP, Human Resources
Transactions
- Disposition to Issuer
Restricted Stock Units
2016-04-08$12.00/sh−21,106$253,272→ 0 total
Footnotes (2)
- [F1]Disposed of pursuant to the merger (the "Merger") of the issuer with Jupiter Merger Sub, Inc. ("Jupiter") in accordance with the Agreement and Plan of Merger dated October 7, 2015, among issuer, Gannett Co., Inc. and Jupiter (the "Agreement"). Pursuant to the Agreement, all unvested restricted stock units ("RSUs"), became fully vested and without further restrictions with respect to ownership rights thereto, thereby causing all RSUs (less shares withheld having a fair market value equal to the taxes required to be withheld with respect thereto) to become shares of Common Stock that are converted into the right to receive the merger consideration under the Agreement.
- [F2]Represents per share merger consideration under the Agreement.