0001140361-15-013027.txt : 20150324
0001140361-15-013027.hdr.sgml : 20150324
20150324142824
ACCESSION NUMBER: 0001140361-15-013027
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150320
FILED AS OF DATE: 20150324
DATE AS OF CHANGE: 20150324
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: 15721365
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
2015-03-20
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
Stock Appreciation Right
2015-03-20
4
M
0
118000
0
D
2018-02-15
Class B Common Stock
118000
0
D
Class B Common Stock
2015-03-20
4
M
0
118000
11.37
A
Class A Common Stock
118000
923521
D
Class B Common Stock
2015-03-20
4
F
0
107131
13.96
D
Class A Common Stock
107131
816390
D
Performance Units
Class B Common Stock
21911
21911
D
Performance Units
Class B Common Stock
32780
32780
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
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.
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
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.
/s/ Russell E. Ryba, Attorney-in-Fact for Steven J. Smith
2015-03-24