TRIBUNE MEDIA CO 4
4 · TRIBUNE MEDIA CO · Filed Mar 28, 2016
Insider Transaction Report
Form 4
TRIBUNE MEDIA COTRCO
BATTER JOHN
CEO, Gracenote & EVP Trib. M.
Transactions
- Award
Restricted Stock Units
2016-03-24+124.274→ 18,114.258 total→ Class A Common Stock (124.274 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of the Issuer's Class A common stock.
- [F2]The RSUs represent dividend equivalent rights ("DERs") that accrued in respect of RSUs previously granted to the Reporting Person, as a result of payment of the quarterly cash dividend that was paid on the Issuer's Class A common stock on March 24, 2016. These DERs will vest proportionately and on the same terms and conditions with such related RSUs, except that fractional shares, if any, will be settled in cash.