WARD LLOYD D 4

4 · BELO CORP · Filed May 9, 2013

Form 4

Period: 2013-05-07

Director

Transactions

Exercise/Conversion
Series A Common Stock
2013-05-07+10,417→ 16,743 total
Award
Restricted Stock Units (Time-Based)
2013-05-07+7,124→ 7,124 total
→ Series A Common Stock (7,124 underlying)
Exercise/Conversion
Restricted Stock Units (Time-Based)
2013-05-07−10,417→ 0 total
→ Series A Common Stock (10,417 underlying)
Disposition to Issuer
Series A Common Stock
2013-05-07$11.23/sh−4,167$46,795→ 12,576 total

Footnotes (6)

[F1]The number of shares shown represents the time-based restricted stock units (TBRSUs) that vested and settled on May 7, 2013. These TBRSUs were awarded on May 8, 2012.
[F2]Each TBRSU represents a contingent right to receive the value of one share of Belo Corp. Series A Common Stock. These TBRSUs are valued as of the date of settlement 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 TRBSUs that vested and settled on May 7, 2013. Settlement of the cash portion is, pursuant to SEC guidance, deemed to be a sale of shares to the Company.
[F4]These TBRSUs were awarded on May 8, 2012.
[F5]These TBRSUs vested 100% and settled on May 7, 2013.
[F6]These TBRSUs vest 100% on the date of the Company's 2014 annual meeting of shareholders and are settled on or within 10 business days of the vesting date.

Documents

1 file