ENTRAVISION COMMUNICATIONS CORP 4
4 · ENTRAVISION COMMUNICATIONS CORP · Filed Dec 28, 2016
Insider Transaction Report
Form 4
ENTRAVISION COMMUNICATIONS CORPNYSE:EVC
ULLOA WALTER F
DirectorChairman and CEO10% Owner
Transactions
- Award
Class A common stock
2016-12-26+250,000→ 422,500 total
Footnotes (2)
- [F1]Represents an award of 250,000 restricted stock units that will vest as follows: (i) 25% on December 31, 2016; (ii) 25% on December 31, 2017; (iii) 25% on December 31, 2018; and (iv) 25% on December 31, 2019; provided the recipient is employed by the company on each of such dates. Recipient is also eligible to vest additional restricted stock units in an amount equal to 0% to 200% of such amount as follows: (A) upon the company's achievement of certain revenue and consolidated adjusted EBITDA goals for fiscal year 2017, and (B) provided the recipient is employed by the company on each of the following dates: (i) 50% of such additional amount vesting on December 31, 2017; (ii) 25% of such additional amount vesting on December 31, 2018, and (iii) 25% of such additional amount vesting on December 31, 2019.
- [F2]Includes 355,000 restricted stock units. The reporting person also has a direct ownership of 67,500 shares of Class A common stock, indirect beneficial ownership of 425 shares of Class A common stock held by Ms. Alexandra Seros and indirect beneficial ownership of 889,848 shares of Class B common stock held by The Walter F. Ulloa Irrevocable Trust of 1996 and 10,599,517 shares of Class B common stock held by Seros Ulloa Family Trust of 1996.