SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BROWN COLLEEN B

(Last) (First) (Middle)
C/O FISHER COMMUNICATIONS, INC.
140 FOURTH AVE. N., SUITE 500

(Street)
SEATTLE WA 98109

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FISHER COMMUNICATIONS INC [ FSCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
10/22/2012
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/22/2012 A 12,790(1) A $0.00 88,951 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $6(2) 03/11/2010(3) 03/11/2019 Common Stock 20,388 20,388(2) D
Stock Option (Right to Buy) $5.88(4) 03/09/2011(5) 03/09/2020 Common Stock 10,800 10,800(4) D
Stock Option (Right to Buy) $16.71(6) 03/01/2012(7) 03/01/2021 Common Stock 6,600 6,600(6) D
Stock Option (Right to Buy) $20.8(8) 03/13/2013(9) 03/13/2022 Common Stock 5,231 5,231(8) D
Stock Option (Right to Buy) $36.33(10) 10/10/2006(11) 10/10/2015 Common Stock 15,000 15,000(10) D
Stock Option (Right to Buy) $35.58(12) 12/04/2007(13) 12/04/2016 Common Stock 10,000 10,000(12) D
Stock Option (Right to Buy) $36.29(14) 03/08/2008(15) 03/08/2017 Common Stock 10,000 10,000(14) D
Stock Option (Right to Buy) $20.48(16) 03/12/2009(17) 03/12/2018 Common Stock 30,000 30,000(16) D
Explanation of Responses:
1. Represents additional restricted stock units ("RSUs") resulting from the adjustment of outstanding RSUs in connection with the payment of a $10.00 per share extraordinary dividend by the issuer. The RSUs reported are subject to the same vesting schedule as the original RSUs to which they relate.
2. This option was previously reported as an option covering 15,000 shares at an exercise price of $8.15 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
3. This option vests at the rate of 25% on March 11, 2010 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
4. This option was previously reported as an option covering 10,800 shares at an exercise price of $15.49 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
5. This option vests at the rate of 25% on March 9, 2011 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
6. This option was previously reported as an option covering 6,600 shares at an exercise price of $26.32 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
7. This option vests at the rate of 25% on March 1, 2012 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
8. This option was previously reported as an option covering 5,231 shares at an exercise price of $30.41 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
9. This option vests at the rate of 25% on March 13, 2013 and additional 25% on each anniversary date of the original grant thereafter until fully vested.
10. This option was previously reported as an option covering 15,000 shares at an exercise price of $45.94 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
11. This option vested at the rate of 20% on October 10, 2006 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
12. This option was previously reported as an option covering 10,000 shares at an exercise price of $45.19 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
13. This option vested at the rate of 20% on December 4, 2007 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
14. This option was previously reported as an option covering 10,000 shares at an exercise price of $45.90 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
15. This option vested at the rate of 20% on March 8, 2008 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
16. This option was previously reported as an option covering 30,000 shares at an exercise price of $30.09 per share, and has been adjusted in connection with the payment of a $10.00 per share extraordinary dividend by the issuer.
17. This option vests at the rate of 20% on March 12, 2009 and additional 20% on each anniversary date of the original grant thereafter until fully vested.
Remarks:
/s/ Christopher J. Bellavia, Attorney-in-fact 10/23/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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