DIAZ PETER L 4
4 · BELO CORP · Filed Nov 20, 2012
Insider Transaction Report
Form 4
BELO CORPBLC
DIAZ PETER L
EVP/Television Operations
Transactions
- Sale
Series A Common Stock
2012-11-19$7.16/sh−45,513$325,873→ 66,658 total - Conversion
Series B Common Stock
2012-11-19−45,513→ 0 total - Exercise/Conversion
Series B Common Stock
2012-11-20$1.88/sh+14,487$27,236→ 14,487 total - Sale
Series A Common Stock
2012-11-20$7.14/sh−14,487$103,437→ 66,658 total - Exercise/Conversion
Series B Common Stock
2012-11-19$1.88/sh+45,513$85,564→ 45,513 total - Conversion
Series A Common Stock
2012-11-19+45,513→ 112,171 total - Conversion
Series B Common Stock
2012-11-20−14,487→ 0 total - Conversion
Series A Common Stock
2012-11-20+14,487→ 81,145 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-11-19−45,513→ 54,487 totalExercise: $1.88Exp: 2018-12-05→ Series B Common Stock (45,513 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-11-20−14,487→ 40,000 totalExercise: $1.88Exp: 2018-12-05→ Series B Common Stock (14,487 underlying)
Footnotes (5)
- [F1]Series B Common Stock is converted into Series A Common Stock upon transfer to someone other than a "Permitted Transferee" as defined in the Issuer's Certificate of Incorporation.
- [F2]No consideration; converted on a share-for-share basis.
- [F3]Represents the average sales price per share. Shares sold in the open market as follows: 25,679 shares @ $7.15 per share; 1,400 shares @ $7.155 per share; 2,100 shares @ $7.16 per share; 6,087 shares @ $7.165 per share; 100 shares @ $7.1675 per share; 700 shares @ $7.169 per share; 3,400 shares @ $7.17 per share; 100 shares @ $7.175 per share; 1,647 shares @ $7.18 per share; 200 shares @ $7.1875 per share; 100 shares @ $7.195 per share; 1,600 shares @ $7.20 per share; 100 shares @ $7.205 per share; 100 shares @ $7.21 per share; and 2,200 shares @ $7.22 per share.
- [F4]The options became exercisable as to 40,000 shares on December 5, 2009, 30,000 shares on December 5, 2010, and as to the remaining shares on December 5, 2011.
- [F5]Represents the average sales price per share. Shares sold in open market as follows: 11,521 shares @ $7.14 per share; 1,100 shares @ $7.145 per share; and 1,866 shares @ $7.15 per share.