MEDIA GENERAL INC 4
4 · MEDIA GENERAL INC · Filed Dec 23, 2014
Insider Transaction Report
Form 4
ROBERTSON WYNDHAM
Director
Transactions
- Award
Voting Common Stock (no par value)
2014-12-19+11,343→ 11,343 total - Award
Phantom Stock
2014-12-19+19,178→ 19,178 total→ Voting Common Stock (no par value) (19,178 underlying)
Footnotes (3)
- [F1]On December 19, 2014, Media General, Inc. ("Media General", formerly Mercury New Holdco, Inc.), MGOC, Inc. ("MGOC", formerly Media General, Inc.) and Lin Media LLC ("Lin") consummated a business combination transaction (the "Merger") as a result of which MGOC, Inc. and Lin Media LLC each became a direct wholly owned subsidiary of Media General. Pursuant to the Merger, (i) each share of voting common stock of MGOC was converted into one share of voting common stock of Media General ("Voting Common Stock") and (ii) each share representing a limited liability company interest in Lin was converted into 1.4714 shares of Voting Common Stock. Equity-based awards granted pursuant to MGOC plans and Lin plans that were outstanding immediately prior to the Merger were converted into awards in respect of Voting Common Stock at the closing of the Merger.
- [F2]Each unit is the economic equivalent of one share of Voting Common Stock (no par value).
- [F3]Upon termination of service as a director, the units become payable in accordance with the settlement election of the reporting person.