Terry Jimenez - May 24, 2021 Form 4 Insider Report for Tribune Publishing Co (TPCO)

Signature
/s/ Gregory Page, Attorney-in-fact
Stock symbol
TPCO
Transactions as of
May 24, 2021
Transactions value $
-$6,181,861
Form type
4
Date filed
5/24/2021, 07:30 PM
Next filing
Oct 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPCO Common Stock Disposed to Issuer -$4.45M -258K -100% $17.25 0 May 24, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TPCO Restricted Stock Units Disposed to Issuer -$1.47M -85K -100% $17.25 0 May 24, 2021 Common Stock 85K Direct F1, F2
transaction TPCO Option (Right to buy) Disposed to Issuer -$268K -15.5K -100% $17.25 0 May 24, 2021 Common Stock 15.5K $14.87 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The restricted stock unit was settled in cash on May 24, 2021 as a result of the merger agreement with Tribune Enterprises, LLC ("Parent") and Tribune Merger Sub, Inc. ("Merger Sub").
F3 The option was settled for cash as a result of the merger agreement with Parent and Merger Sub.