Journal Communications's President and CFO just declared owning 2,500 shares of Journal Communications

Andre J Fernandez, Journal Communications's President and CFO, has just filed an initial statement of beneficial ownership where 2,500 shares of Journal Communications were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Fernandez. Fernandez operates out of Milwaukee, WI. Some additional info was provided as follows:

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. Restricted stock granted March 6, 2014 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The restricted stock vests and becomes exercisable as follows: 33% on March 6, 2015, 33% on March 6, 2016 and 34% on March 6, 2017. Includes 482 shares acquired on June 30, 2013 and 387 shares on December 31, 2013 under the Journal Communications, Inc. Employee Stock Purchase Plan. 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. Performance units granted March 19, 2012 to the reporting person under the Journal Communications, Inc. 2007 Omnibus Incentive Plan. The performance units vest in 2014 if the performance target is achieved.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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