0001140361-15-012341.txt : 20150317
0001140361-15-012341.hdr.sgml : 20150317
20150317191003
ACCESSION NUMBER: 0001140361-15-012341
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150313
FILED AS OF DATE: 20150317
DATE AS OF CHANGE: 20150317
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: BRENNER ELIZABETH
CENTRAL INDEX KEY: 0001311299
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31805
FILM NUMBER: 15708369
MAIL ADDRESS:
STREET 1: 333 WEST STATE STREET
CITY: MILWAUKEE
STATE: WI
ZIP: 53203
4
1
doc1.xml
FORM 4
X0306
4
2015-03-13
0
0001232241
JOURNAL COMMUNICATIONS INC
JRN
0001311299
BRENNER ELIZABETH
JOURNAL COMMUNICATIONS, INC.
333 W. STATE STREET
MILWAUKEE
WI
53203
0
1
0
0
Executive Vice President
Class A Common Stock
1767.0000
D
Performance Units
2015-03-13
4
M
0
13900
0
D
Class B Common Stock
13900
0
D
Class B Common Stock
2015-03-13
4
M
0
20850
0
A
Class A Common Stock
20850
230511
D
Class B Common Stock
2015-03-13
4
F
0
7298
13.12
D
Class A Common Stock
7298
223213
D
Performance Units
Class B Common Stock
8289
8289
D
Performance Units
Class B Common Stock
12243
12243
D
Stock Appreciation Right
13.3100
2017-02-16
Class B Common Stock
65000
65000
D
Stock Appreciation Right
2017-02-16
Class B Common Stock
20000
20000
D
Stock Appreciation Right
2018-02-15
Class B Common Stock
39000
39000
D
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 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.
The Company's level of attainment of specified performance goals for the three-year period beginning December 26, 2011 and ending December 28, 2014 were exceeded with the reporting person earning 150% of the target award in accordance with performance metrics pursuant to the Journal Communications, Inc. 2007 Omnibus Incentive Plan.
Reflects payment of tax liability by withholding shares of stock incident to the vesting of performance units.
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.
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 Elizabeth Brenner
2015-03-17