4//SEC Filing
KERR GUY H 4
Accession 0001181431-12-014089
CIK 0000356080other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 11:41 AM ET
Size
15.2 KB
Accession
0001181431-12-014089
Insider Transaction Report
Form 4
BELO CORPBLC
KERR GUY H
EVP/Law & Govt and Secretary
Transactions
- Exercise/Conversion
Series A Common Stock
2012-03-01+9,529→ 144,919 total - Award
Restricted Stock Units (Performance-Related)
2012-03-01+28,589→ 28,589 total→ Series A Common Stock (28,589 underlying) - Disposition to Issuer
Series A Common Stock
2012-03-01$7.22/sh−3,812$27,523→ 141,107 total - Award
Restricted Stock United (Time-Based)
2012-03-01+31,800→ 31,800 total→ Series A Common Stock (31,800 underlying) - Exercise/Conversion
Restricted Stock Units (Performance-Related)
2012-03-01−9,529→ 19,060 total→ Series A Common Stock (9,529 underlying)
Holdings
- 400(indirect: By Daughter)
Series A Common Stock
- 1,719(indirect: By 401(k))
Series A Common Stock
Footnotes (8)
- [F1]The number of shares shown represents the portion of the March 3, 2011 performance-related restricted stock units (PBRSUs) that vested and were paid on March 1, 2012. These PBRSUs were awarded on March 3, 2011, as described below in footnote 5.
- [F2]Each restricted stock unit represents a contingent right to receive the value of one share of Belo Series A Common Stock. RSUs are valued as of the date of vesting and are paid 60% in shares of Belo Series A Common Stock and 40% in cash.
- [F3]The number of shares shown represents settlement of the 40% cash portion of PBRSUs that vested and were paid on March 1, 2012. Pursuant to SEC guidance, setlement of the cash portion is deemed a disposition of shares to the Company.
- [F4]Held by the Belo Savings Plan as of March 1, 2012.
- [F5]These PBRSUs were awarded on March 3, 2011. The actual number of PBRSUs earned was determined on March 1, 2012.
- [F6]One-third of these PBRSUs vests and is paid out as soon as practicable following each annual earnings release date for the fiscal years ending December 31, 2011, 2012 and 2013.
- [F7]The reporting person disclaims beneficial ownership of these securities.
- [F8]These TBRSUs vest 100% on the later of February 15, 2015 and the date of the Belo Corp. annual earnings release for the fiscal year ending December 31, 2014 and are settled within 10 business days thereafter.
Documents
Issuer
BELO CORP
CIK 0000356080
Entity typeother
Related Parties
1- filerCIK 0001182309
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 11:41 AM ET
- Size
- 15.2 KB