Company: SGA
Filing Date: 2025-04-09
Form Type: DEF 14A
Source: 0001104659-25-033247
Chunk: 25

Company: SAGA COMMUNICATIONS INC
Filing Date: 2025-04-09
Form: DEF 14A
Chunk 25
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2026, unless reporting person is no longer an employee or director, respectively, on the applicable date (if, however, the reporting person is an employee or director, respectively, on the occurrence or deemed occurrence of a change-in-control, all restricted stock shall vest); and an aggregate grant of 95,512 shares of Class A Common Restricted Stock which vests in one-third increments on December 15, 2025, 2026, and 2027, unless reporting person is no longer an employee or director, respectively, on the applicable date (if, however, the reporting person is an employee or director, respectively, upon the occurrence or deemed occurrence of a change-in-control, all restricted stock shall vest);. In addition, includes 5,758 shares owned indirectly through the Company’s 401(k) Plan. Also, includes 2,857 shares of Class A Common Stock with shared voting or dispositive power. (7) According to its Schedule 13D/A filed with the SEC on April 7, 2023, TowerView LLC, a Delaware limited liability company controlled by Daniel R. Tisch, its general member, has sole voting and dispositive power with respect to 1,161,144 shares. The principal address of TowerView LLC is 460 Park Avenue, New York, New York, 10022. (8) According to their most recent joint Schedule 13G/A filed with the SEC on February 14, 2025, the Edward K. Christian Trust has sole voting and dispositive power with respect to 943,250 shares, meanwhile, co-trustee Michael L. Dallaire has shared and dispositive power with respect to 943,250 16 TABLE OF CONTENTS shares, and co-trustee Judith A Christian has shared voting and dispositive power with respect to 943,250 shares, and sole voting and dispositive power with respect to 3,541 shares held by the Judith A. Christian IRA. Their principal address is 500 Woodward Avenue, Suite 4000, Detroit, Michigan 48226. According to a Form 4 filed on February 18, 2025, the Edward K. Christian Trust sold 5,000 shares on February 14, 2025 and following the sale beneficially owned 938,250 shares. (9) According to their joint Schedule 13D filed with the SEC on January 8, 2025, Gate City Capital Management, LLC, an Illinois limited liability company that serves