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

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H.
Starboard A LP
 
(a)
Starboard A LP, as the general partner of Starboard Leaders Fund and the managing member of Starboard Lima LLC, may be deemed the beneficial owner of the 1,164,807 Shares owned by Starboard Lima LLC, including 457,837 Shares underlying certain forward purchase contracts.
Percentage: Approximately 1.3%
 
(b)
1. Sole power to vote or direct vote: 1,164,807
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 1,164,807
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
Starboard A 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 Lima LLC since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
I.
Starboard A GP
 
(a)
Starboard A GP, as the general partner of Starboard A LP, may be deemed the beneficial owner of the 1,164,807 Shares owned by Starboard Lima LLC, including 457,837 Shares underlying certain forward purchase contracts.
Percentage: Approximately 1.3%
 
(b)
1. Sole power to vote or direct vote: 1,164,807
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 1,164,807
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
Starboard A GP 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 Lima LLC since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.
J.
Starboard Value LP
 
(a)
As of the close of business on March 15, 2017, 261,366 Shares were held in the Starboard Value LP Account, including 13,553 Shares underlying certain forward purchase contracts.  Starboard Value LP, as the investment manager of Starboard V&O Fund, Starboard C LP, Starboard Lima LLC, and the Starboard Value LP Account and the manager of Starboard S LLC, may be deemed the beneficial owner of the (i) 2,011,897 Shares owned by Starboard V&O Fund, (ii) 234,386 Shares owned by Starboard S LLC, (iii) 129,944 Shares owned by Starboard C LP, (iv) 1,164,807 Shares owned by Starboard Lima LLC, and (v) 261,366 Shares held in the Starboard Value LP Account.
Percentage: Approximately 4.4%
 
(b)
1. Sole power to vote or direct vote: 3,802,400
 
2. Shared power to vote or direct vote: 0
 
3. Sole power to dispose or direct the disposition: 3,802,400
 
4. Shared power to dispose or direct the disposition: 0
 
(c)
The transactions in the Shares by Starboard Value LP through the Starboard Value LP Account and on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and Starboard Lima LLC since the filing of the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

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