SEC Info - Alden Global Capital LLC, et al. - ‘4’ for 11/2/20 re: Tribune Publishing Co.

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<issuerName> Tribune Publishing Co </issuerName>

</issuer>

<rptOwnerName> Alden Global Capital LLC </rptOwnerName>

</reportingOwnerId>

<rptOwnerStreet1> 885 THIRD AVENUE </rptOwnerStreet1>

</reportingOwnerAddress>

</reportingOwnerRelationship>

</reportingOwner>

<rptOwnerName> Freeman Heath </rptOwnerName>

</reportingOwnerId>

<rptOwnerStreet1> 885 THIRD AVENUE </rptOwnerStreet1>

</reportingOwnerAddress>

</reportingOwnerRelationship>

</reportingOwner>

<value> Common Stock </value>

</securityTitle>

</transactionDate>

</transactionCoding>

</transactionTimeliness>

</transactionShares>

</transactionPricePerShare>

</transactionAcquiredDisposedCode>

</transactionAmounts>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

<value> See Footnotes </value>

</natureOfOwnership>

</ownershipNature>

</nonDerivativeTransaction>

<value> Common Stock </value>

</securityTitle>

</sharesOwnedFollowingTransaction>

</postTransactionAmounts>

</directOrIndirectOwnership>

<value> See Footnotes </value>

</natureOfOwnership>

</ownershipNature>

</nonDerivativeHolding>

</nonDerivativeTable>

<footnote id="F1"> This Form 4 is filed jointly by Alden Global Capital LLC ("Alden") and Heath Freeman (collectively, the "Reporting Persons"). Each Reporting Person disclaims beneficial ownership of the shares of Common Stock of Tribune Publishing Company (the "Issuer") reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose. </footnote>

<footnote id="F2"> On November 2, 2020, the Issuer granted to Randall D. Smith, a member of the Issuer's Board of Directors (the "Board"), 10,093 shares of restricted Common Stock. Mr. Smith holds the restricted Common Stock for the benefit of Alden Global Opportunities Master Fund, L.P. ("AGOMF"). Because Mr. Smith serves on the Board as a representative of AGOMF, Alden Global Value Recovery Master Fund, L.P. ("AGVRMF"), and their affiliates, Mr. Smith does not have a right to any economic interest in the securities of the Issuer issued to him as director compensation. AGOMF is entitled to receive all of the economic interest in the shares of restricted Common Stock granted by the Issuer in respect of Mr. Smith's Board position. Mr. Smith disclaims beneficial ownership of such shares of restricted Common Stock. </footnote>

<footnote id="F3"> (Continued from footnote 2) The shares of restricted Common Stock vest 100% on May 21, 2021, provided that Mr. Smith continues to serve on the Board through the earlier of (a) such vesting date or (b) the day immediately prior to the first annual meeting of stockholders of the Issuer following the grant date. </footnote>

<footnote id="F4"> Shares of Common Stock of the Issuer held directly by AGOMF or shares in which AGOMF has an economic interest. Alden, as the investment manager of AGOMF, may be deemed to beneficially own the shares of Common Stock of the Issuer directly held by AGOMF and shares in which AGOMF has an economic interest. Mr. Freeman, as President of Alden, may be deemed to beneficially own the shares of Common Stock of the Issuer directly held by AGOMF and shares in which AGOMF has an economic interest. </footnote>

<footnote id="F5"> Shares of Common Stock of the Issuer directly held by AGVRMF. Alden, as the investment manager of AGVRMF, may be deemed to beneficially own the shares of Common Stock of the Issuer directly held by AGVRMF. Mr. Freeman, as President of Alden, may be deemed to beneficially own the shares of Common Stock of the Issuer directly held by AGVRMF. </footnote>

</footnotes>

<remarks> Randall D. Smith serves on the Board of Directors of Tribune Publishing Company (the "Issuer") as a representative of the Reporting Persons, AGOMF, AGVRMF and their affiliates. For purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the Reporting Persons, AGOMF, AGVRMF and their affiliates are deemed directors by deputization by virtue of their representation on the Board of Directors of the Issuer. </remarks>

<signatureName> ALDEN GLOBAL CAPITAL LLC, Name: /s/ Heath Freeman, Title: President </signatureName>

</ownerSignature>

<signatureName> /s/ Heath Freeman </signatureName>

</ownerSignature>

</ownershipDocument>

Alden Global Capital LLC, et al. – ‘4’ for 11/2/20 re: Tribune Publishing Co.

On: Wednesday, 11/4/20, at 9:33pm ET · For: 11/2/20 · Accession #: 899243-20-30448 · File #: 1-36230

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Statement of Changes in Beneficial Ownership of Securities by an Insider — Form 4 — SEA’34
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