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Filing Details

Accession Number:: 0000899243-16-033391
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-11-14 19:09:01
Reporting Period:: 2016-11-10

Filing Date:: 2016-11-14
Accepted Time:: 2016-11-14 19:09:01
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1593195	Tronc Inc.	TRNC	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1163431	Jr W Michael Ferro	C/O Merrick Ventures, Llc 350 North Orleans, 10Th Floor Chicago IL 60654		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2016-11-10	15,000	$11.60	1,020,852	No	4	P	Indirect	By Merrick Venture Management, LLC
Common Stock	Acquisiton	2016-11-11	12,000	$12.23	1,032,852	No	4	P	Indirect	By Merrick Venture Management, LLC
Common Stock	Acquisiton	2016-11-14	23,717	$12.51	1,056,569	No	4	P	Indirect	By Merrick Venture Management, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By Merrick Venture Management, LLC
No	4	P	Indirect	By Merrick Venture Management, LLC
No	4	P	Indirect	By Merrick Venture Management, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,220,000	Indirect	By Merrick Media, LLC

Footnotes

Open market purchase pursuant to a 10b5-1 trading plan adopted by Merrick Venture Management, LLC ("Merrick Management"), in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
This transaction was executed in multiple trades at prices ranging from $11.57 to $11.69, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This transaction was executed in multiple trades at prices ranging from $11.64 to $12.37, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
This transaction was executed in multiple trades at prices ranging from $12.16 to $12.75, inclusive. The price set forth above reflects the weighted-average price per share. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
In the Form 4 filed by the Reporting Person on November 9, 2016, the number of shares purchased on November 7, 2016 was mistakenly reported as 55,582 instead of 55,852, and the amount of securities beneficially owned following the reported transaction was correspondingly incorrect. The correct number of shares beneficially owned following the reported transaction are reflected in this Form 4.
Merrick Management is the sole manager of Merrick Media, LLC. Mr. Ferro serves as the manager of Merrick Management. Mr. Ferro disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.