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