13D Filing: Starboard Value LP and Tribune Media Co (NYSE:TRCO)

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B.
Starboard S LLC
 
(a)
As of the close of business on March 15, 2017, Starboard S LLC beneficially owned 234,386 Shares, including 15,349 Shares underlying certain forward purchase contracts.
Percentage: Less than 1%
 
(b)
1. Sole power to vote or direct vote: 234,386
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 234,386
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
The transactions in the Shares by Starboard S LLC since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
C.
Starboard C LP
 
(a)
As of the close of business on March 15, 2017, Starboard C LP beneficially owned 129,944 Shares, including 8,567 Shares underlying certain forward purchase contracts.
Percentage: Less than 1%
 
(b)
1. Sole power to vote or direct vote: 129,944
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 129,944
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
The transactions in the Shares by Starboard C LP since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
D.
Starboard R LP
 
(a)
Starboard R LP, as the general partner of Starboard C LP, may be deemed the beneficial owner of the 129,944 Shares owned by Starboard C LP, including 8,567 Shares underlying certain forward purchase contracts.
Percentage: Less than 1%
 
(b)
1. Sole power to vote or direct vote: 129,944
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 129,944
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
Starboard R LP has not entered into any transactions in the Shares since the filing of the Schedule 13D.  The transactions in the Shares on behalf of Starboard C LP since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

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