Wert Lawrence 4
4 · TRIBUNE MEDIA CO · Filed Mar 27, 2019
Insider Transaction Report
Form 4
TRIBUNE MEDIA COTRCO
Wert Lawrence
President, Broadcast Media
Transactions
- Award
Restricted Stock Units
2019-03-25+192.403→ 35,625.253 total→ Class A Common Stock (192 underlying)
Footnotes (2)
- [F1]Restricted Stock Units ("RSUs") convert into shares of Class A Common Stock upon vesting on a one-for-one basis.
- [F2]These 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 25, 2019. 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.