Filing Details

Accession Number:
0001140361-11-052668
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-09 16:25:02
Reporting Period:
2009-03-01
Filing Date:
2011-11-09
Accepted Time:
2011-11-09 16:25:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1232241 Journal Communications Inc JRN Newspapers: Publishing Or Publishing & Printing (2711) 200020198
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1239534 J Steven Smith Journal Communications, Inc.
333 W. State Street
Milwaukee WI 53203
Chairman Of The Board And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2009-03-01 23 $0.00 23 No 4 W Indirect By IRA
Class A Common Stock Disposition 2011-11-09 23 $3.97 0 No 4 S Indirect By IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 W Indirect By IRA
No 4 S Indirect By IRA
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 100 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 27,639 781,521 Direct
Class B Common Stock Stock Appreciation Right $13.31 2017-02-16 220,000 220,000 Direct
Class B Common Stock Stock Appreciation Right $0.00 2017-02-16 75,000 75,000 Direct
Class B Common Stock Stock Appreciation Right $7.57 2018-02-15 224,000 224,000 Direct
Class B Common Stock Stock Appreciation Right $0.00 2018-02-15 118,000 118,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
27,639 781,521 Direct
2017-02-16 220,000 220,000 Direct
2017-02-16 75,000 75,000 Direct
2018-02-15 224,000 224,000 Direct
2018-02-15 118,000 118,000 Direct
Footnotes
  1. 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
  2. Includes 698 shares acquired under the Journal Communications, Inc. Employee Stock Purchase Plan on June 30, 2011.
  3. The stock appreciation right was granted February 16, 2007 to the reporting person under the Journal Communications, Inc. 2003 Equity Incentive Plan.
  4. The stock appreciation right vests and becomes exercisable in three equal annual installments on February 16, 2008, 2009 and 2010.
  5. 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.
  6. The stock appreciation right was granted February 15, 2008 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan.
  7. The stock appreciation right vests and becomes exercisable in three equal annual installments on February 15, 2009, 2010 and 2011.
  8. 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.