Emmis Corporation
US ˙ OTCPK ˙ US2915254005

Introduction

This page provides a comprehensive analysis of the known insider trading history of Patrick M Walsh. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Patrick M Walsh has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:MDIA / MediaCo Holding Inc. President, COO, Director 0
US:EMMS / Emmis Corporation President, COO 191,467
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Patrick M Walsh. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases EMMS / Emmis Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EMMS / Emmis Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2013-08-16 EMMS Walsh Patrick M 2,500 3.1980 625 12.7920 7,995 186 3.55 -5,776 -72.25
2013-08-16 EMMS Walsh Patrick M 629 3.1990 157 12.7960 2,012
2013-08-07 EMMS Walsh Patrick M 1,700 2.9880 425 11.9520 5,080
2013-08-02 EMMS Walsh Patrick M 2,000 3.0000 500 12.0000 6,000
2013-07-29 EMMS Walsh Patrick M 1,500 2.5900 375 10.3600 3,885
2013-07-22 EMMS Walsh Patrick M 1,375 2.7500 344 11.0000 3,781
2013-07-15 EMMS Walsh Patrick M 2,000 2.4600 500 9.8400 4,920
2013-07-08 EMMS Walsh Patrick M 2,500 2.3500 625 9.4000 5,875
2013-07-02 EMMS Walsh Patrick M 2,500 2.1500 625 8.6000 5,375
2013-05-17 EMMS Walsh Patrick M 12,897 1.5500 3,224 6.2000 19,990
2012-11-14 EMMS Walsh Patrick M 3,000 1.7700 750 7.0800 5,310
2012-11-14 EMMS Walsh Patrick M 2,500 1.8000 625 7.2000 4,500
2012-11-12 EMMS Walsh Patrick M 700 1.8300 175 7.3200 1,281
2012-11-07 EMMS Walsh Patrick M 2,300 1.8500 575 7.4000 4,255
2012-10-31 EMMS Walsh Patrick M 1,500 1.8700 375 7.4800 2,805
2012-10-26 EMMS Walsh Patrick M 1,000 1.8800 250 7.5200 1,880
2012-10-25 EMMS Walsh Patrick M 3,000 1.9500 750 7.8000 5,850
2012-10-25 EMMS Walsh Patrick M 2,500 1.9700 625 7.8800 4,925
2012-10-15 EMMS Walsh Patrick M 2,000 2.0000 500 8.0000 4,000
2012-08-02 EMMS Walsh Patrick M 2,500 2.0800 625 8.3200 5,200
2012-08-02 EMMS Walsh Patrick M 2,500 2.0500 625 8.2000 5,125
2012-08-01 EMMS Walsh Patrick M 2,500 2.1000 625 8.4000 5,250
2012-07-23 EMMS Walsh Patrick M 2,000 1.8700 500 7.4800 3,740
2012-07-16 EMMS Walsh Patrick M 630 1.7800 158 7.1200 1,121
2012-07-13 EMMS Walsh Patrick M 800 1.8000 200 7.2000 1,440
2012-07-13 EMMS Walsh Patrick M 200 1.8000 50 7.2000 360
2012-05-16 EMMS Walsh Patrick M 2,450 1.4090 612 5.6360 3,452
2012-05-15 EMMS Walsh Patrick M 255 1.4090 64 5.6360 359
2012-05-11 EMMS Walsh Patrick M 34,640 1.3000 8,660 5.2000 45,032
2012-05-11 EMMS Walsh Patrick M 10,000 1.2500 2,500 5.0000 12,500
2012-05-11 EMMS Walsh Patrick M 5,000 1.3500 1,250 5.4000 6,750
2012-05-11 EMMS Walsh Patrick M 260 1.2800 65 5.1200 333
2012-05-11 EMMS Walsh Patrick M 100 1.2900 25 5.1600 129

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EMMS / Emmis Corporation Insider Trades
Insider Sales EMMS / Emmis Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EMMS / Emmis Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2019-11-11 EMMS Walsh Patrick M 5,000 4.6500 5,000 4.6500 23,250 168 1.34 -16,550 -71.18
2019-11-08 EMMS Walsh Patrick M 104 4.6800 104 4.6800 487
2019-11-07 EMMS Walsh Patrick M 9,246 4.6800 9,246 4.6800 43,271
2019-11-06 EMMS Walsh Patrick M 9,158 4.7300 9,158 4.7300 43,317
2019-01-11 EMMS Walsh Patrick M 15,000 3.7130 15,000 3.7130 55,695
2018-10-12 EMMS Walsh Patrick M 25,000 4.5962 25,000 4.5962 114,905
2017-10-16 EMMS Walsh Patrick M 10,000 3.4097 10,000 3.4097 34,097
2017-10-13 EMMS Walsh Patrick M 30,000 3.4691 30,000 3.4691 104,073
2017-05-12 EMMS Walsh Patrick M 20,000 3.1423 20,000 3.1423 62,846
2014-08-05 EMMS Walsh Patrick M 14,706 2.4701 3,676 9.8804 36,325
2014-08-05 EMMS Walsh Patrick M 42,456 2.4701 10,614 9.8804 104,871
2014-08-04 EMMS Walsh Patrick M 100,000 2.4907 25,000 9.9628 249,070
2014-05-16 EMMS Walsh Patrick M 538 3.0000 134 12.0000 1,614
2014-05-15 EMMS Walsh Patrick M 23,875 3.0395 5,969 12.1580 72,568
2014-05-14 EMMS Walsh Patrick M 38,204 3.1537 9,551 12.6148 120,484
2014-04-04 EMMS Walsh Patrick M 59,215 3.5181 14,804 14.0724 208,324
2014-03-03 EMMS Walsh Patrick M 30,000 3.1543 7,500 12.6172 94,629
2014-02-28 EMMS Walsh Patrick M 34,200 3.1918 8,550 12.7672 109,160
2014-02-27 EMMS Walsh Patrick M 30,225 3.2643 7,556 13.0572 98,663
2014-02-24 EMMS Walsh Patrick M 34,000 3.4300 8,500 13.7200 116,620
2014-02-21 EMMS Walsh Patrick M 36,000 3.4958 9,000 13.9832 125,849
2014-02-20 EMMS Walsh Patrick M 30,000 3.4498 7,500 13.7992 103,494

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

EMMS / Emmis Corporation Insider Trades
Insider Purchases MDIA / MediaCo Holding Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EMMS / Emmis Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MDIA / MediaCo Holding Inc. Insider Trades
Insider Sales MDIA / MediaCo Holding Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EMMS / Emmis Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2020-08-18 MDIA Walsh Patrick M 11,147 5.1100 11,147 5.1100 56,961 37 2.295 -31,379 -55.09
2020-08-18 MDIA Walsh Patrick M 184 5.1100 184 5.1100 940
2020-08-17 MDIA Walsh Patrick M 15,011 5.3200 15,011 5.3200 79,859

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

MDIA / MediaCo Holding Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Patrick M Walsh as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2020-08-19 2020-08-18 4 MDIA Mediaco Holding Inc.
Class A Common Stock 		S - Sale -184 0 -100.00 5.11 -940
2020-08-19 2020-08-18 4 MDIA Mediaco Holding Inc.
Class A Common Stock 		S - Sale -11,147 0 -100.00 5.11 -56,961
2020-08-19 2020-08-17 4 MDIA Mediaco Holding Inc.
Class A Common Stock 		S - Sale -15,011 11,147 -57.39 5.32 -79,859 59,302
2020-08-03 2020-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -15,315 191,467 -7.41 1.61 -24,657 308,262
2020-01-21 2020-01-03 4 MDIA Mediaco Holding Inc.
Class A Common Stock 		J - Other 184 184
2020-01-21 2020-01-03 4 MDIA Mediaco Holding Inc.
Class A Common Stock 		J - Other 26,158 26,158
2019-11-12 2019-11-11 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -5,000 38,992 -11.37
2019-11-12 2019-11-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -5,000 206,782 -2.36 4.65 -23,250 961,536
2019-11-12 2019-11-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 5,000 211,782 2.42 2.83 14,150 599,343
2019-11-12 2019-11-08 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -104 43,992 -0.24
2019-11-12 2019-11-08 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -104 206,782 -0.05 4.68 -487 967,740
2019-11-12 2019-11-08 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 104 206,886 0.05 2.83 294 585,487
2019-11-08 2019-11-07 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -9,246 44,096 -17.33
2019-11-08 2019-11-07 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -9,246 206,782 -4.28 4.68 -43,271 967,740
2019-11-08 2019-11-07 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 9,246 216,028 4.47 2.83 26,166 611,359
2019-11-08 2019-11-06 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -9,158 53,342 -14.65
2019-11-08 2019-11-06 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -9,158 206,782 -4.24 4.73 -43,317 978,079
2019-11-08 2019-11-06 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 9,158 215,940 4.43 2.83 25,917 611,110
2019-08-02 2019-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		A - Award 30,000 30,000
2019-08-02 2019-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -44,839 206,782 -17.82 5.25 -235,405 1,085,606
2019-08-02 2019-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 30,000 251,621 13.54
2019-07-30 2019-07-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -1,446 221,621 -0.65 5.53 -7,996 1,225,564
2019-07-30 2019-07-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 2,883 223,067 1.31
2019-05-13 2019-05-10 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,240 220,184 -1.01 3.60 -8,075 793,763
2019-05-13 2019-05-10 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 4,465 222,424 2.05
2019-01-30 2019-01-28 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,415 217,959 -1.10 3.95 -9,539 860,938
2019-01-30 2019-01-28 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 4,285 220,374 1.98
2019-01-14 2019-01-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -15,000 216,089 -6.49 3.71 -55,695 802,338
2018-10-30 2018-10-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -1,843 231,089 -0.79 4.37 -8,054 1,009,859
2018-10-30 2018-10-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 3,673 232,932 1.60
2018-10-16 2018-10-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -1,500 229,259 -0.65
2018-10-16 2018-10-12 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -25,000 230,759 -9.77 4.60 -114,905 1,060,615
2018-10-16 2018-10-12 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -2,500 255,759 -0.97
2018-08-02 2018-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -44,766 258,259 -14.77 4.96 -222,039 1,280,965
2018-07-31 2018-07-30 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -1,692 303,025 -0.56 4.97 -8,409 1,506,034
2018-07-31 2018-07-30 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 3,373 304,717 1.12
2018-05-14 2018-05-10 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -1,518 301,344 -0.50 5.35 -8,121 1,612,190
2018-05-14 2018-05-10 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 3,025 302,862 1.01
2018-01-30 2018-01-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,869 299,837 -0.95 3.11 -8,923 932,493
2018-01-30 2018-01-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 5,090 302,706 1.71
2017-11-06 2017-11-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -6,624 297,616 -2.18
2017-11-01 2017-10-30 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,221 304,240 -0.72 3.45 -7,662 1,049,628
2017-11-01 2017-10-30 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 4,427 306,461 1.47
2017-10-16 2017-10-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -10,000 302,034 -3.20 3.41 -34,097 1,029,845
2017-10-16 2017-10-13 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -30,000 312,034 -8.77 3.47 -104,073 1,082,477
2017-08-02 2017-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		A - Award 62,500 62,500
2017-08-02 2017-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 176,679 342,034 106.85
2017-08-02 2017-07-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -30,506 165,355 -15.58 2.96 -90,298 489,451
2017-08-02 2017-07-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,712 195,861 -1.37 2.96 -8,028 579,749
2017-08-02 2017-07-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 5,407 198,573 2.80
2017-06-01 2017-05-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale X -10,000 193,166 -4.92 3.25 -32,542 628,601
2017-05-16 2017-05-12 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -20,000 203,166 -8.96 3.14 -62,846 638,409
2017-05-16 2017-05-12 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,285 223,166 -1.01 3.29 -7,518 734,216
2017-05-16 2017-05-12 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 4,555 225,451 2.06
2017-03-31 2016-10-28 5 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -2,850 216,758 -1.30
2017-03-31 2016-10-27 5 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -7,100 219,608 -3.13
2017-01-31 2017-01-30 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,695 230,848 -1.15 3.15 -8,489 727,170
2017-01-31 2017-01-30 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 4,782 233,542 2.09
2016-11-02 2016-10-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -2,066 228,760 -0.90 3.40 -7,024 777,786
2016-11-02 2016-10-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 4,119 230,826 1.82
2016-09-06 2016-09-06 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -24,298 226,708 -9.68 4.11 -99,865 931,768
2016-09-06 2016-09-06 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 60,828 251,006 31.98
2016-08-02 2016-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -1,870 190,178 -0.97 3.93 -7,349 747,398
2016-08-02 2016-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 3,728 192,048 1.98
2016-07-22 2016-01-07 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -35,114 725,050 -4.62 0.66 -23,175 478,533
2016-07-22 2016-01-07 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 62,313 760,164 8.93
2016-05-09 2016-05-06 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -14,754 726,079 -1.99 0.52 -7,672 377,561
2016-05-09 2016-05-06 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 29,419 740,833 4.14
2016-02-02 2016-02-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -17,510 711,414 -2.40 0.53 -9,280 377,049
2016-02-02 2016-02-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 31,073 728,924 4.45
2015-11-09 2015-11-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -8,755 697,851 -1.24 0.95 -8,317 662,958
2015-11-09 2015-11-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 17,149 706,606 2.49
2015-10-16 2015-10-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -28,199 689,457 -3.93 1.15 -32,429 792,876
2015-10-16 2015-10-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 55,237 717,656 8.34
2015-09-08 2015-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -68,459 662,419 -9.37 1.29 -88,312 854,521
2015-09-08 2015-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 193,799 730,878 36.08
2015-08-05 2015-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -7,500 537,079 -1.38
2015-08-05 2015-08-03 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -5,739 544,579 -1.04 1.30 -7,461 707,953
2015-08-05 2015-08-03 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 11,240 550,318 2.09
2015-08-03 2015-07-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		G - Gift -21,000 539,078 -3.75
2015-07-14 2015-07-14 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -19,996 560,078 -3.45 1.17 -23,395 655,291
2015-07-14 2015-07-10 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 39,168 580,074 7.24
2015-05-12 2015-05-08 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -12,003 540,906 -2.17 1.27 -15,244 686,951
2015-05-12 2015-05-08 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 23,511 552,909 4.44
2014-09-05 2014-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -14,691 529,398 -2.70 2.61 -38,344 1,381,729
2014-09-05 2014-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 134,100 544,089 32.71
2014-08-06 2014-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -42,456 0 -100.00 0.69 -29,295
2014-08-06 2014-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -14,706 0 -100.00 0.42 -6,250
2014-08-06 2014-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -42,456 409,989 -9.38 2.47 -104,871 1,012,714
2014-08-06 2014-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -14,706 452,445 -3.15 2.47 -36,325 1,117,584
2014-08-06 2014-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 14,706 467,151 3.25 0.42 6,250 198,539
2014-08-06 2014-08-05 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 42,456 452,445 10.36 0.69 29,295 312,187
2014-08-06 2014-08-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -100,000 409,989 -19.61 2.49 -249,070 1,021,160
2014-05-19 2014-05-16 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -538 42,456 -1.25 0.69 -371 29,295
2014-05-19 2014-05-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -538 509,989 -0.11 3.00 -1,614 1,529,967
2014-05-19 2014-05-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 538 510,527 0.11 0.69 371 352,264
2014-05-15 2014-05-15 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -23,875 42,994 -35.70 0.69 -16,474 29,666
2014-05-15 2014-05-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -23,875 509,989 -4.47 3.04 -72,568 1,550,112
2014-05-15 2014-05-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 23,875 533,864 4.68 0.69 16,474 368,366
2014-05-15 2014-05-14 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -38,204 66,869 -36.36 0.69 -26,361 46,140
2014-05-15 2014-05-14 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -38,204 509,989 -6.97 3.15 -120,484 1,608,352
2014-05-15 2014-05-14 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 38,204 548,193 7.49 0.69 26,361 378,253
2014-04-08 2014-04-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -59,215 509,989 -10.40 3.52 -208,324 1,794,192
2014-03-05 2014-03-04 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -144,927 105,073 -57.97
2014-03-05 2014-03-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 144,927 569,204 34.16 0.69 100,000 392,751
2014-03-03 2014-03-03 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -30,000 424,277 -6.60 3.15 -94,629 1,338,297
2014-03-03 2014-02-28 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -34,200 454,277 -7.00 3.19 -109,160 1,449,961
2014-03-03 2014-02-27 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -30,225 488,477 -5.83 3.26 -98,663 1,594,535
2014-02-24 2014-02-24 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -34,000 518,702 -6.15 3.43 -116,620 1,779,148
2014-02-24 2014-02-21 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -36,000 552,702 -6.12 3.50 -125,849 1,932,136
2014-02-24 2014-02-20 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		S - Sale -30,000 588,702 -4.85 3.45 -103,494 2,030,904
2014-01-03 2014-01-02 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		A - Award 250,000 250,000
2013-09-06 2013-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		A - Award 250,000 250,000
2013-09-06 2013-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -118,111 618,702 -16.03 3.15 -372,050 1,948,911
2013-09-06 2013-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 47,619 736,813 6.91 3.15 150,000 2,320,961
2013-09-06 2013-09-04 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 222,222 689,194 47.59
2013-08-19 2013-08-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 629 466,972 0.13 3.20 2,012 1,493,843
2013-08-19 2013-08-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 466,343 0.54 3.20 7,995 1,491,365
2013-08-08 2013-08-07 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 1,700 463,843 0.37 2.99 5,080 1,385,963
2013-08-05 2013-08-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,000 462,143 0.43 3.00 6,000 1,386,429
2013-07-30 2013-07-29 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 1,500 460,143 0.33 2.59 3,885 1,191,770
2013-07-23 2013-07-22 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 1,375 458,643 0.30 2.75 3,781 1,261,268
2013-07-16 2013-07-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,000 457,268 0.44 2.46 4,920 1,124,879
2013-07-08 2013-07-08 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 455,268 0.55 2.35 5,875 1,069,880
2013-07-03 2013-07-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 452,768 0.56 2.15 5,375 973,451
2013-05-22 2013-05-17 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 12,897 450,268 2.95 1.55 19,990 697,915
2013-05-10 2013-05-09 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -24,551 437,371 -5.31 1.46 -35,844 638,562
2013-05-10 2013-05-09 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 77,324 461,922 20.11
2013-02-20 2013-02-15 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		D - Sale to Issuer -14,635 0 -100.00
2013-02-20 2013-02-15 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		D - Sale to Issuer -29,269 0 -100.00
2013-02-20 2013-02-15 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		D - Sale to Issuer -29,269 0 -100.00
2013-02-20 2013-02-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 29,156 384,598 8.20
2013-01-31 2013-01-28 4 EMMS EMMIS COMMUNICATIONS CORP
Employee Stock Option Right To Buy 		M - Exercise -235,294 14,706 -94.12
2013-01-31 2013-01-28 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -40,869 355,442 -10.31 1.90 -77,651 675,340
2013-01-31 2013-01-28 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		M - Exercise 235,294 396,311 146.13 0.42 100,000 168,432
2013-01-31 2013-01-24 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		F - Taxes -21,709 161,017 -11.88 1.97 -42,767 317,203
2013-01-31 2013-01-24 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 63,492 182,726 53.25
2012-11-16 2012-11-14 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 119,234 2.14 1.80 4,500 214,621
2012-11-16 2012-11-14 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 3,000 116,734 2.64 1.77 5,310 206,619
2012-11-14 2012-11-12 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 700 113,734 0.62 1.83 1,281 208,133
2012-11-09 2012-11-07 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,300 113,034 2.08 1.85 4,255 209,113
2012-11-02 2012-10-31 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 1,500 110,734 1.37 1.87 2,805 207,073
2012-10-30 2012-10-26 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 1,000 109,234 0.92 1.88 1,880 205,360
2012-10-26 2012-10-25 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 108,234 2.36 1.97 4,925 213,221
2012-10-26 2012-10-25 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 3,000 105,734 2.92 1.95 5,850 206,181
2012-10-17 2012-10-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,000 102,734 1.99 2.00 4,000 205,468
2012-08-03 2012-08-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 100,734 2.54 2.05 5,125 206,505
2012-08-03 2012-08-02 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 98,234 2.61 2.08 5,200 204,327
2012-08-03 2012-08-01 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,500 95,734 2.68 2.10 5,250 201,041
2012-07-25 2012-07-23 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,000 93,234 2.19 1.87 3,740 174,348
2012-07-17 2012-07-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 630 91,234 0.70 1.78 1,121 162,397
2012-07-17 2012-07-13 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 200 90,604 0.22 1.80 360 163,087
2012-07-17 2012-07-13 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 800 90,404 0.89 1.80 1,440 162,727
2012-05-17 2012-05-16 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 2,450 89,604 2.81 1.41 3,452 126,252
2012-05-16 2012-05-15 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 255 87,154 0.29 1.41 359 122,800
2012-05-16 2012-05-11 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 100 86,899 0.12 1.29 129 112,100
2012-05-16 2012-05-11 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 260 86,799 0.30 1.28 333 111,103
2012-05-16 2012-05-11 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 5,000 86,539 6.13 1.35 6,750 116,828
2012-05-16 2012-05-11 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 10,000 81,539 13.98 1.25 12,500 101,924
2012-05-16 2012-05-11 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		P - Purchase 34,640 71,539 93.88 1.30 45,032 93,001
2012-05-15 2012-05-15 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 255 87,154 0.29 1.41 359 122,800
2012-05-15 2012-05-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 100 86,899 0.12 1.29 129 112,100
2012-05-15 2012-05-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 260 86,799 0.30 1.28 333 111,103
2012-05-15 2012-05-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 5,000 86,539 6.13 1.35 6,750 116,828
2012-05-15 2012-05-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 10,000 81,539 13.98 1.25 12,500 101,924
2012-05-15 2012-05-11 4 EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 34,640 71,539 93.88 1.30 45,032 93,001
2006-09-14 2006-09-05 4/A EMMS EMMIS COMMUNICATIONS CORP
Class A Common Stock 		A - Award 23,000 23,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)