4//SEC Filing
LIN Media LLC 4
Accession 0001575571-14-000208
CIK 0001575571operating
Filed
Dec 22, 7:00 PM ET
Accepted
Dec 23, 4:54 PM ET
Size
11.6 KB
Accession
0001575571-14-000208
Insider Transaction Report
Form 4
CARSON ROYAL W III
Director
Transactions
- Disposition to Issuer
Class A Common Shares
2014-12-19−140,918→ 0 total - Disposition to Issuer
Class C Common Share
2014-12-19−1→ 0 total(indirect: 1) - Disposition to Issuer
Options for Class A Common Shares
2014-12-19−7,300→ 0 totalExercise: $3.60From: 2012-12-08Exp: 2021-12-08→ Class A Common Shares (7,300 underlying) - Disposition to Issuer
Options for Class A Common Shares
2014-12-19−5,250→ 0 totalExercise: $6.61From: 2013-12-06Exp: 2022-12-06→ Class A Common Shares (5,250 underlying)
Footnotes (4)
- [F1]This number includes 11,200 restricted shares awarded pursuant to the amended and restated 2002 Non-Employee Director 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]Upon the merger between LIN Media LLC and Media General, Inc. becoming effective, each Class A Common Share and Class C Common Share was converted at the election of the holder thereof, into the right to receive either (a) $25.97 in cash without interest or (b) 1.4714 Media General Voting Common Stock, upon the terms and subject to the conditions set forth in the merger agreement.
- [F3]Held by Carson LIN SBS L.P., a limited partnership whose ultimate general partner is Carson Private Incorporated, of which Mr. Carson is an indirect beneficial owner.
- [F4]Each Option for Class A Common Shares was assumed by Media General and became an option to purchase, on the same terms and conditions (including applicable vesting requirements and deferral provisions), as applied to each Option immediately prior to the merger between LIN Media LLC and Media General, Inc., shares of Media General, Inc. Voting Common Stock subject to certain adjustments to reflect an exchange ratio of 1.4714.
Documents
Issuer
LIN Media LLC
CIK 0001575571
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001575571
Filing Metadata
- Form type
- 4
- Filed
- Dec 22, 7:00 PM ET
- Accepted
- Dec 23, 4:54 PM ET
- Size
- 11.6 KB