X0306 4 2017-01-03 0 0000216539 MEDIA GENERAL INC MEG 0001409888 Standard General L.P. 767 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10153 1 0 0 0 0001418202 Kim Soohyung 767 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10153 1 1 1 0 See Footnote 3 0001465987 Standard General Fund L.P. 767 FIFTH AVENUE 12TH FLOOR NEW YORK NY 10153 0 0 1 0 0001591884 Standard General Communications LLC 767 FIFTH AVENUE, 12TH FLOOR NEW YORK NY 10153 0 0 1 0 Voting Common Stock, no par value 2016-12-28 4 G 0 77310 0 D 3572050 I See Footnotes Deferred Stock Units 0 Voting Common Stock, no par value 4504 4504 I See Footnotes Deferred Stock Units 0 Voting Common Stock, no par value 1111 1111 I See Footnotes Deferred Stock Units 0 2017-01-03 4 A 0 1067 18.729 A Voting Common Stock, no par value 1067 1067 I See Footnotes The securities reported herein are held by Standard General Communications LLC (the "LLC"), a private investment vehicle for which Standard General L.P. ("Standard General") serves as investment manager. As the sole owner of the LLC, Standard General Fund L.P. (the "Limited Partnership") may be deemed to beneficially own the shares held by the LLC. Standard General exercises voting and investment control over the shares held for the account of the LLC. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose. Mr. Kim is also a Director of Media General, Inc. Deferred Stock Units, which vest on July 21, 2017, were granted to Mr. Kim in his capacity as a Director of the Issuer, pursuant to the Issuer's Directors' Deferred Compensation Plan. Deferred Stock Units, which vest on October 3, 2017, were granted to Mr. Kim in his capacity as a Director of the Issuer, pursuant to the Issuer's Directors' Deferred Compensation Plan. Deferred Stock Unit grant pursuant to the Issuer's Directors' Deferred Compensation Plan, which vests 12 months from the grant date. Deferred Stock Units may only be settled in shares of Voting Common Stock, no par value. /s/ Standard General Fund L.P., by Standard General L.P., its investment manager, by Joseph Mause, its Chief Financial Officer 2017-01-05 /s/ Standard General Communications LLC, by Standard General L.P., its investment manager, by Joseph Mause, its Chief Financial Officer 2017-01-05 /s/ Standard General L.P. by Standard General Holdings L.P., its general partner, by Joseph Mause, its Chief Financial Officer 2017-01-05 /s/ Soohyung Kim 2017-01-05