Statement of Changes in Beneficial Ownership (4)
21 March 2018 - 8:18AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
FERRO MICHAEL W JR
|
2. Issuer Name
and
Ticker or Trading Symbol
tronc, Inc.
[
TRNC
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
__
X
__ 10% Owner
_____ Officer (give title below)
_____ Other (specify below)
|
(Last)
(First)
(Middle)
C/O MERRICK VENTURES, LLC, 180 N. STETSON AVE. STE. 3500
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/18/2018
|
(Street)
CHICAGO, IL 60601
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock
|
3/18/2018
|
|
D
|
|
450000
(1)
|
D
|
$0
|
0
|
D
|
|
Common Stock
|
3/18/2018
|
|
M
|
|
2212
|
A
|
$0
|
2212
|
D
|
|
Common Stock
|
3/18/2018
|
|
M
|
|
21529
|
A
|
$0
|
23741
|
D
|
|
Common Stock
|
|
|
|
|
|
|
|
5220000
|
I
|
By Merrick Media, LLC
(2)
|
Common Stock
|
|
|
|
|
|
|
|
3827788
|
I
|
By Merrick Venture Management, LLC
(2)
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Stock Units
|
(3)
|
3/18/2018
|
|
M
|
|
|
2212
|
(4)
|
(4)
|
Common Stock
|
2212.0
|
$0
|
0
|
D
|
|
Stock Units
|
(3)
|
3/18/2018
|
|
M
|
|
|
21529
|
(4)
|
(4)
|
Common Stock
|
21529.0
|
$0
|
0
|
D
|
|
Explanation of Responses:
|
(1)
|
Mr. Ferro elected to forgo any vesting of the restricted shares granted in August 2017 by retiring from the Board of Directors on March 18, 2018.
|
(2)
|
Merrick Venture Management, LLC is the sole manager of Merrick Media, LLC. Mr. Ferro serves as the manager of Merrick Venture Management, LLC. Mr. Ferro disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
|
(3)
|
Stock units convert into common stock on a one-for-one basis.
|
(4)
|
These stock units had previously vested. They settled in shares of the Issuer's common stock upon Mr. Ferro's retirement from the Board of Directors of the Issuer.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
FERRO MICHAEL W JR
C/O MERRICK VENTURES, LLC
180 N. STETSON AVE. STE. 3500
CHICAGO, IL 60601
|
|
X
|
|
|
Signatures
|
/s/ Julie K. Xanders, Attorney-in-fact
|
|
3/20/2018
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
tronc, Inc. (NASDAQ:TRNC)
Historical Stock Chart
From Dec 2024 to Jan 2025
tronc, Inc. (NASDAQ:TRNC)
Historical Stock Chart
From Jan 2024 to Jan 2025
Real-Time news about Tribune Pubg Co. New (delisted) (NASDAQ): 0 recent articles
More Tronc, Inc. News Articles