Michael Norman Lavey - 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 $
-$911,628
Form type
4
Date filed
5/24/2021, 07:31 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TPCO Common Stock Disposed to Issuer -$347K -20.1K -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 -$565K -32.8K -100% $17.25 0 May 24, 2021 Common Stock 32.8K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert to Common Stock on a one-for-one basis.
F2 The awards were settled in cash on May 24, 2021 as a result of the merger agreement with Tribune Enterprises, LLC and Tribune Merger Sub, Inc.