TRIBUNE MEDIA CO 4
4 · TRIBUNE MEDIA CO · Filed May 9, 2016
Insider Transaction Report
Form 4
TRIBUNE MEDIA COTRCO
LIGUORI PETER
DirectorPresident and CEO
Transactions
- Award
Performance Share Units
2016-05-05+130,042→ 130,042 totalExp: 2018-03-01→ Class A Common Stock (130,042 underlying)
Footnotes (2)
- [F1]Each performance share unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A common stock. Subject to Mr. Liguori's continued employment, the PSUs vest in installments upon the price of a share of the Issuer's Class A common stock achieving prices between $44 and $64 over a specified period.
- [F2]The expiration date of the PSUs will be March 1, 2018, except in certain circumstances relating to a change in control of the Issuer that occurs on or prior to March 1, 2019.