A. H. Belo Corp 4
4 · A. H. Belo Corp · Filed May 12, 2017
Insider Transaction Report
Form 4
PUERNER JOHN P
Director
Transactions
- Exercise/Conversion
Restricted Stock Units (Time-Based)
2017-05-11−5,167→ 0 total→ Series A Common Stock (5,167 underlying) - Exercise/Conversion
Series A Common Stock
2017-05-11+5,167→ 45,015 total - Disposition to Issuer
Series A Common Stock
2017-05-11$5.70/sh−2,067$11,782→ 42,948 total - Award
Restricted Stock Units (Time-Based)
2017-05-11+10,263→ 10,263 total→ Series A Common Stock (10,263 underlying)
Footnotes (6)
- [F1]The number of shares shown represents the time-based restricted stock units (TBRSUs) that vested on May 14, 2015 and were settled on May 11, 2017. These TBRSUs were awarded on May 15, 2014.
- [F2]Each TBRSU represents a contingent right to receive the value of one share of A. H. Belo Corporation Series A Common Stock. These TBRSUs are valued as of the date of settlement 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 were settled and paid on May 11, 2017. Settlement of the cash portion is, pursuant to SEC guidance, deemed to be a sale of shares to the Company.
- [F4]These TBRSUs were awarded on May 15, 2014.
- [F5]These TBRSUs vested 100% on May 14, 2015 and were settled on May 11, 2017.
- [F6]These TBRSUs vest 100% on the date of the Company's 2018 annual meeting of shareholders and are settled within 10 business days of the 2020 annual meeting of shareholders.