CHRISTIAN EDWARD K 4
4 · SAGA COMMUNICATIONS INC · Filed Dec 8, 2017
Insider Transaction Report
Form 4
CHRISTIAN EDWARD K
DirectorChairman, Pres and CEO10% Owner
Transactions
- Award
Class B Common Stock
2017-12-06+29,000→ 898,633 total→ Class A Common Stock (29,000 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, 2018, 2019 and 2020 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.