SAGA COMMUNICATIONS INC 4
4 · SAGA COMMUNICATIONS INC · Filed Nov 30, 2016
Insider Transaction Report
Form 4
Stephens David B
Director
Transactions
- Award
Class A Common Stock
2016-11-28$48.60/sh+555$26,973→ 4,526 total
Footnotes (1)
- [F1]Grant of restricted stock which vests in one-third increments on November 6, 2017, 2018 and 2019 unless reporting person is no longer a director on the applicable date. Any restricted stock which does not vest is forfeited. Notwithstanding the above, if the reporting person is a director on the occurrence or deemed occurrence of a change in control, all restricted stock shall vest.