X0304 4 2012-03-19 0 0001232241 JOURNAL COMMUNICATIONS INC JRN 0001237395 PRATHER JAMES P JOURNAL BROADCAST GROUP 3355 S. VALLEY VIEW BLVD. LAS VEGAS NV 89102 0 1 0 0 Vice President Class B Common Stock 2012-03-19 4 A 0 4900 0 A Class A Common Stock 4900 32509 D Performance Units 2012-03-19 4 A 0 4900 0 A Class B Common Stock 4900 4900 D 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 19, 2012 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 19, 2013, 33% on March 19, 2014 and 34% on March, 2015. 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. /s/ Russell E. Ryba, Attorney-in-Fact for James P. Prather 2012-03-21