4//SEC Filing
KERR GUY H 4
Accession 0001181431-13-008722
CIK 0000356080other
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 5:43 PM ET
Size
16.6 KB
Accession
0001181431-13-008722
Insider Transaction Report
Form 4
BELO CORPBLC
KERR GUY H
EVP/Law & Govt and Secretary
Transactions
- Exercise/Conversion
Restricted Stock Units (Time-Based)
2013-02-08−39,100→ 0 total→ Series A Common Stock (39,100 underlying) - Disposition to Issuer
Series A Common Stock
2013-02-08$8.86/sh−15,640$138,570→ 164,567 total - Exercise/Conversion
Series A Common Stock
2013-02-08+39,100→ 180,207 total - Exercise/Conversion
Series A Common Stock
2013-02-08+9,529→ 174,096 total - Disposition to Issuer
Series A Common Stock
2013-02-08$8.86/sh−3,812$33,774→ 170,284 total - Exercise/Conversion
Restricted Stock Units (Performance-Related)
2013-02-08−9,529→ 0 total→ Series A Common Stock (9,529 underlying)
Holdings
- 400(indirect: By Daughter)
Series A Common Stock
- 1,720(indirect: By 401(k))
Series A Common Stock
Footnotes (11)
- [F1]The number of shares shown represents the time-based restricted stock units (TBRSUs) that vested and were paid on February 8, 2013. These TBRSUs were awarded on March 4, 2010.
- [F10]These PBRSUs were awarded on March 3, 2011. The actual number of PBRSUs earned was determined on March 1, 2012.
- [F11]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.
- [F2]Each restricted stock unit (RSU) represents a contingent right to receive the value of one share of Belo Corp. Series A Common Stock. RSUs 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.
- [F3]The number of shares shown represents settlement of the 40% cash portion of TBRSUs that vested and were paid on February 8, 2013. Pursuant to SEC guidance, settlement of the cash portion is deemed a disposition of shares to the Company.
- [F4]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 February 8, 2013. These PBRSUs were awarded on March 3, 2011.
- [F5]The number of shares shown represents the settlement of the 40% cash portion of PBRSUs that vested and were paid on February 8, 2013. Pursuant to SEC guidance, settlement of the cash portion is deemed a disposition of shares to the Company.
- [F6]Held by the Reporting Person's daughter. The Reporting Person disclaims beneficial ownership of these securities.
- [F7]Held by the Belo Savings Plan as of February 8, 2013.
- [F8]These TBRSUs were awarded on March 4, 2010.
- [F9]These TBRSUs vest 100% and are paid as soon as practicable following February 8, 2013, which was the annual earnings release date for the fiscal year ended December 31, 2012.
Documents
Issuer
BELO CORP
CIK 0000356080
Entity typeother
Related Parties
1- filerCIK 0001182309
Filing Metadata
- Form type
- 4
- Filed
- Feb 11, 7:00 PM ET
- Accepted
- Feb 12, 5:43 PM ET
- Size
- 16.6 KB