EMMIS CORP - 11 Jan 2023 Form 4 Insider Report for Mediaco Holding Inc. (MDIA)

Reporting relationship: Director, 10%+ Owner
Issuer ticker: MDIA
Reported as of: 11 Jan 2023
Net transaction value: -$10,806
SEC form: 4
Accepted by SEC: 13 Jan 2023, 15:06:41 UTC
Prior SEC filing: 11 Jan 2023
Next SEC filing: 18 Jan 2023
Source filing: View source filing
Reporting owner signature: Emmis Corporation by J. Scott Enright, its Executive Vice President, General Counsel & Secretary.

Key filing fact

EMMIS CORP filed Form 4 for Mediaco Holding Inc. (MDIA) on 13 Jan 2023.

Key facts

This page summarizes EMMIS CORP's Form 4 filing for Mediaco Holding Inc. (MDIA).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 13 Jan 2023, 15:06.

Change

Previous filing in this sequence was filed on 11 Jan 2023.
Current net transaction value: -$10,806.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MDIA transaction

Class A Common Stock

Sale

Transaction value: $6,900
Shares: -4,600
Change %: -1%
Price: $1.50
Shares after: 450,147
Date: 11 Jan 2023
Ownership: Direct
Footnotes: F1, F2

MDIA transaction

Class A Common Stock

Sale

Transaction value: $3,906
Shares: -2,604
Change %: -0.58%
Price: $1.50
Shares after: 447,543
Date: 12 Jan 2023
Ownership: Direct
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

These reported securities were sold by Emmis pursuant to a 10b5-1 plan contemplating regular sales of the shares acquired by note conversions.

Footnote F2

Represents the weighted average of a range of sale prices from $1.46 to $1.56. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.

Footnote F3

Represents the weighted average of a range of sale prices from $1.48 to $1.54. The reporting person undertakes to provide to the Staff of the Securities and Exchange Commission, the Company or any stockholder of the Company, upon request, full information regarding the number of shares sold at each separate price.

SEC remarks

Emmis Corporation has the right to recommend three directors for election to the Issuer's board of directors, and Jeffrey H. Smulyan, Patrick M. Walsh and J. Scott Enright serve as directors of the Issuer pursuant to that right. Emmis therefore is a director by deputization of the Issuer. Mr. Smulyan, Mr. Walsh and Mr. Enright disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.