X0306 4 2016-04-08 1 0001622893 Journal Media Group, Inc. JMG 0001186952 STAUTBERG TIMOTHY E 333 WEST STATE STREET MILWAUKEE WI 53203 1 1 0 0 President and CEO Common Stock 2016-04-08 4 D 0 55779 12 D 0 D Restricted Stock Units 2016-04-08 4 D 0 94301 12 D 0 D Disposed of pursuant to the merger (the "Merger") of the issuer with Jupiter Merger Sub, Inc. ("Jupiter") in accordance with the Agreement and Plan of Merger dated October 7, 2015, among issuer, Gannett Co., Inc. and Jupiter (the "Agreement"). Represents per share merger consideration under the Agreement. Pursuant to the Agreement, all unvested restricted stock units ("RSUs"), became fully vested and without further restrictions with respect to ownership rights thereto, thereby causing all RSUs (less shares withheld having a fair market value equal to the taxes required to be withheld with respect thereto) to become shares of Common Stock that are converted into the right to receive the merger consideration under the Agreement. /s/ Russell E. Ryba, Attorney-in-Fact for Timothy E. Stautberg 2016-04-11