A. H. Belo Corp 4
4 · A. H. Belo Corp · Filed Mar 8, 2017
Insider Transaction Report
Form 4
Purcell Leslie Nicole
SVP/Chief Digital Officer
Transactions
- Exercise/Conversion
Series A Common Stock
2017-03-08+1,748→ 1,748 total - Exercise/Conversion
Restricted Stock Units (Time-Based)
2017-03-08−1,748→ 2,622 total→ Series A Common Stock (1,748 underlying) - Disposition to Issuer
Series A Common Stock
2017-03-08$6.30/sh−700$4,410→ 1,048 total
Footnotes (5)
- [F1]The number of shares shown represents the time-based restricted stock units (TBRSUs) that vest and were paid on March 8, 2017. These TBRSUs were awarded on March 3, 2016.
- [F2]Each TBRSU represents a contingent right to receive the value of one share of A. H. Belo Corporation Series A Common Stock. TBRSUs are valued as of the date of vesting and are paid 60% in shares of A. H. Belo Corporation Series A Common Stock and 40% in cash.
- [F3]The number of shares shown represents the settlement of the 40% cash portion of TBRSUs that vested and were paid on March 8, 2017. Pursuant to SEC guidance, settlement of the cash portion is deemed a disposition of shares to the Company.
- [F4]These TBRSUs were awarded on March 3, 2016.
- [F5]These TBRSUs vest 100% and are paid on the third trading day following the annual earnings release date for the fiscal year ended December 31, 2016.