0001140361-15-011085.txt : 20150310 0001140361-15-011085.hdr.sgml : 20150310 20150310142011 ACCESSION NUMBER: 0001140361-15-011085 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150306 FILED AS OF DATE: 20150310 DATE AS OF CHANGE: 20150310 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: JOURNAL COMMUNICATIONS INC CENTRAL INDEX KEY: 0001232241 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 200020198 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 333 WEST STATE STREET CITY: MILWAUKEE STATE: WI ZIP: 53203 BUSINESS PHONE: (414) 224-2000 MAIL ADDRESS: STREET 1: 333 WEST STATE STREET CITY: MILWAUKEE STATE: WI ZIP: 53203 FORMER COMPANY: FORMER CONFORMED NAME: JOURNAL CO DATE OF NAME CHANGE: 20030512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SMITH STEVEN J CENTRAL INDEX KEY: 0001239534 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31805 FILM NUMBER: 15688363 MAIL ADDRESS: STREET 1: C/O JOURNAL COMMUNICATIONS INC STREET 2: 333 W. STATE ST. CITY: MILWAUKEE STATE: WI ZIP: 53203 4 1 doc1.xml FORM 4 X0306 4 2015-03-06 0 0001232241 JOURNAL COMMUNICATIONS INC JRN 0001239534 SMITH STEVEN J JOURNAL COMMUNICATIONS, INC. 333 W. STATE STREET MILWAUKEE WI 53203 1 1 0 0 Chairman of the Board and CEO Class A Common Stock 100 D Class B Common Stock 2015-03-06 4 F 0 3599 12.10 D Class A Common Stock 3599 789690 D Performance Units Class B Common Stock 21911 21911 D Performance Units Class B Common Stock 32780 32780 D Performance Units Class B Common Stock 37100 37100 D Stock Appreciation Right 13.31 2017-02-16 Class B Common Stock 220000 220000 D Stock Appreciation Right 2017-02-16 Class B Common Stock 75000 75000 D Stock Appreciation Right 2018-02-15 Class B Common Stock 118000 118000 D The Class B Common Stock is convertible into Class A Common Stock (subject to certain limitations specified in the Issuer's Amended and Restated Articles of Incorporation) on a 1-for-1 basis at no cost Reflects payment of tax liability by withholding shares of stock incident to vesting of restricted stock previously issued. Includes 407 shares acquired under the Journal Communications, Inc. Employee Stock Purchase Plan on June 30, 2014. Performance units granted March 6, 2014 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The performance units vest in 2017 if the performance target is achieved. Performance units granted March 11, 2013 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The performance units vest in 2016 if the performance target is achieved. Performance units granted March 19, 2012 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The performance units vest in 2015 if the performance target is achieved. The stock appreciation right was granted February 16, 2007 to the reporting person under the Journal Communications, Inc. 2003 Equity Incentive Plan. The stock appreciation right vests and becomes exercisable in three equal annual installments on February 16, 2008, 2009 and 2010. The stock appreciation right has an escalating base value which starts with $13.31, the closing price of the Company's Class A Common Stock on the date of grant, and increases by 6% per year for each year that the stock appreciation right remains outstanding, starting on the first anniversary of the grant date. The stock appreciation right was granted February 15, 2008 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The stock appreciation right has an escalating base value which starts with $7.57, the closing price of the Company's Class A Common Stock on the date of grant, and increases by 6% per year for each year that the stock appreciation right remains outstanding, starting on the first anniversary of the grant date. The stock appreciation right vests and becomes exercisable in three equal annual installments on February 15, 2009, 2010 and 2011. /s/ Russell E. Ryba, Attorney-in-Fact for Steven J. Smith 2015-03-10