CHRISTIAN EDWARD K 4
4 · SAGA COMMUNICATIONS INC · Filed Nov 9, 2021
Insider Transaction Report
Form 4
CHRISTIAN EDWARD K
DirectorChairman, Pres and CEO10% Owner
Transactions
- Conversion
Class A Common Stock
2021-11-06+12,468→ 12,468 total - Conversion
Class B Common Stock
2021-11-06−12,468→ 925,173 total→ Class A Common Stock (12,468 underlying) - Tax Payment
Class A Common Stock
2021-11-06$26.25/sh−12,468$327,285→ 0 total
Footnotes (3)
- [F1]Acquired upon conversion of Class B Common Stock on a 1-for-1 basis.
- [F2]The shares were forfeited for payment of tax withholding obligations related to the vesting of restricted stock.
- [F3]Class B Common Stock automatically converts into Class A Common Stock on a 1-for-1 basis upon its sale by the reporting person.