CHRISTIAN EDWARD K 4
4 · SAGA COMMUNICATIONS INC · Filed Nov 8, 2017
Insider Transaction Report
Form 4
CHRISTIAN EDWARD K
DirectorChairman, Pres and CEO10% Owner
Transactions
- Conversion
Class B Common Stock
2017-11-06−12,508→ 869,633 total→ Class A Common Stock (12,508 underlying) - Tax Payment
Class A Common Stock
2017-11-06$45.15/sh−12,508$564,736→ 0 total - Conversion
Class A Common Stock
2017-11-06+12,508→ 12,508 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.