WILLIAMSON DENNIS A 4
4 · BELO CORP · Filed Mar 4, 2009
Insider Transaction Report
Form 4
BELO CORPBLC
WILLIAMSON DENNIS A
Executive Vice President/CFO
Transactions
- Award
Restricted Stock Units (Time-Based)
2009-03-03+22,500→ 22,500 total→ Series A Common Stock (22,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive the value of one share of Belo Corp. Series A Common Stock. RSUs (both performance-related and time-based) are valued as of the date of vesting and are paid 60% in shares of Belo Corp. Series A Common Stock and 40% in cash.
- [F2]These time-based restricted stock units vest 100% in 2012 on the date of the Belo Corp. annual earnings release for the fiscal year ending December 31, 2011 and are settled within 10 business days thereafter.