Filing Details

Accession Number:
0000899243-16-033391
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-11-14 19:09:01
Reporting Period:
2016-11-10
Filing Date:
2016-11-14
Accepted Time:
2016-11-14 19:09:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1593195 Tronc Inc. TRNC () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1163431 Jr W Michael Ferro C/O Merrick Ventures, Llc
350 North Orleans, 10Th Floor
Chicago IL 60654
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-11-10 15,000 $11.60 1,020,852 No 4 P Indirect By Merrick Venture Management, LLC
Common Stock Acquisiton 2016-11-11 12,000 $12.23 1,032,852 No 4 P Indirect By Merrick Venture Management, LLC
Common Stock Acquisiton 2016-11-14 23,717 $12.51 1,056,569 No 4 P Indirect By Merrick Venture Management, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Merrick Venture Management, LLC
No 4 P Indirect By Merrick Venture Management, LLC
No 4 P Indirect By Merrick Venture Management, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,220,000 Indirect By Merrick Media, LLC
Footnotes
  1. Open market purchase pursuant to a 10b5-1 trading plan adopted by Merrick Venture Management, LLC ("Merrick Management"), in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. This transaction was executed in multiple trades at prices ranging from $11.57 to $11.69, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  3. This transaction was executed in multiple trades at prices ranging from $11.64 to $12.37, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  4. This transaction was executed in multiple trades at prices ranging from $12.16 to $12.75, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
  5. In the Form 4 filed by the Reporting Person on November 9, 2016, the number of shares purchased on November 7, 2016 was mistakenly reported as 55,582 instead of 55,852, and the amount of securities beneficially owned following the reported transaction was correspondingly incorrect. The correct number of shares beneficially owned following the reported transaction are reflected in this Form 4.
  6. Merrick Management is the sole manager of Merrick Media, LLC. Mr. Ferro serves as the manager of Merrick Management. Mr. Ferro disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.