KNIGHT TIMOTHY P 4
4 · tronc, Inc. · Filed Feb 27, 2018
Insider Transaction Report
Form 4
tronc, Inc.TRNC
KNIGHT TIMOTHY P
President, troncX
Transactions
- Exercise/Conversion
Common Stock
2018-02-23+62,500→ 62,500 total - Tax Payment
Common Stock
2018-02-23$19.73/sh−20,156$397,678→ 42,344 total - Exercise/Conversion
Restricted Stock Units
2018-02-23−62,500→ 125,000 total→ Common Stock (62,500 underlying)
Footnotes (3)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents shares withheld for payment of taxes on vesting of restricted stock units, not an open market transaction.
- [F3]The award will vest in three equal installments on February 23, 2018, 2019, and 2020 subject to the Reporting Person's continued service and subject to acceleration upon certain events.