X0306 4 2017-03-27 0 0000726513 TRIBUNE MEDIA CO TRCO 0001419485 Jacobson Craig A C/O TRIBUNE MEDIA COMPANY 685 THIRD AVENUE NEW YORK, NY 10017 1 0 0 0 Class A Common Stock 2017-03-27 4 A 0 26 0.00 A 39956 D These Restricted Stock Units ("RSUs") represent dividend equivalent rights ("DERs") that accrued in respect of RSUs previously granted to the Reporting Person, as a result of payment of the quarterly cash dividend that was paid on the Issuer's Class A common stock on March 27, 2017. These DERs will vest proportionately and on the same terms and conditions with such related RSUs, except that fractional shares, if any, will be settled in cash. RSUs convert into shares of Class A Common Stock upon vesting on a one-for-one basis. /s/ J. Jesse Yeo, Attorney-in-Fact for Craig Jacobson 2017-03-29