Dearborn Justin C 4
4 · tronc, Inc. · Filed Aug 3, 2018
Insider Transaction Report
Form 4
tronc, Inc.TRNC
Dearborn Justin C
DirectorCEO
Transactions
- Exercise/Conversion
Common Stock
2018-08-02+125,000→ 195,673 total - Tax Payment
Common Stock
2018-08-02$15.32/sh−45,584$698,347→ 150,089 total - Exercise/Conversion
Restricted Stock Units
2018-08-02+125,000→ 125,000 total→ Common Stock (125,000 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 vests in three equal installments on August 2, 2017, 2018 and 2019, subject to the Reporting Person's continued service and subject to acceleration upon certain events.