CHRISTIAN EDWARD K 4
4 · SAGA COMMUNICATIONS INC · Filed Dec 13, 2019
Insider Transaction Report
Form 4
CHRISTIAN EDWARD K
DirectorChairman, Pres and CEO10% Owner
Transactions
- Award
Class B Common Stock
2019-12-11+44,321→ 953,842 total→ Class A Common Stock (44,321 underlying)
Footnotes (2)
- [F1]Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis.
- [F2]Grant of restricted stock which vests in one-third increments on November 6, 2020, 2021 and 2022, unless the reporting person is no longer an employee on the applicable date. Any restricted stock which does not vest is forfeited. Notwithstanding the above, if the reporting person is an employee on the occurrence or deemed occurrence of a change in control, all restricted stock shall vest.