LIN Media LLC 4
4 · LIN Media LLC · Filed Sep 3, 2014
Insider Transaction Report
Form 4
PARENT DENISE M
Sr. VP Chief Legal Officer
Transactions
- Exercise/Conversion
Class A Common Shares
2014-09-02$1.99/sh+91,110$181,309→ 236,627 total - Sale
Class A Common Shares
2014-09-02$23.36/sh−91,110$2,128,758→ 145,517 total - Exercise/Conversion
Options for Class A Common Shares
2014-09-02−91,110→ 106,900 totalExercise: $1.99From: 2011-06-02Exp: 2019-06-02→ Class A Common Shares (91,110 underlying)
Footnotes (3)
- [F1]This number includes 72,925 restricted shares awarded pursuant to the amended and restated 2002 Stock Plan. These shares remain subject to forfeiture and are nontransferable until vested. The shares vest over three (3) years from the date of grant.
- [F2]The sale price represents the weighted average sales price of individual sales totaling 91,110 shares in the aggregate. The transactions occurred at prices in the range of $23.34 per share to $23.46 per share. Upon request from the Securities and Exchange Commission or a securityholder of the issuer, full information regarding the number of shares sold at each separate price will be made available.
- [F3]Options for Class A Common Shares of which 63,175 are vested and 43,725 remain subject to forfeiture until vested.