CHRISTIAN EDWARD K 4
4 · SAGA COMMUNICATIONS INC · Filed Nov 10, 2020
Insider Transaction Report
Form 4
CHRISTIAN EDWARD K
DirectorChairman, Pres and CEO10% Owner
Transactions
- Conversion
Class B Common Stock
2020-11-06−16,201→ 937,641 total→ Class A Common Stock (16,201 underlying) - Conversion
Class A Common Stock
2020-11-06+16,201→ 16,201 total - Tax Payment
Class A Common Stock
2020-11-06$17.80/sh−16,201$288,378→ 0 total
Footnotes (3)
- [F1]Acquired upon conversion of Class B Common Stock on a 1-for-1 basis.
- [F2]The shares were forfeited for payment of tax withholding obligations related to the vesting of restricted stock.
- [F3]Class B Common Stock automatically converts into Class A Common Stock on a 1-for-1 basis upon its sale by the reporting person.