SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BLIZZARD DANIEL J

(Last) (First) (Middle)
A. H. BELO CORPORATION
P.O. BOX 224866

(Street)
DALLAS TX 75222-4866

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
A. H. Belo CORP [ AHC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice Pres & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
05/11/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Series B Common Stock 05/11/2010 M 20,000 A $2.05 20,000 D
Series B Common Stock(1) 05/11/2010 C 20,000 D $0(2) 0 D
Series A Common Stock(1) 05/11/2010 C 20,000 A $0(2) 20,809 D
Series A Common Stock 05/11/2010 S 20,000 D $8.3984(3)(4) 809 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options (Right to Buy) $2.05 05/11/2010 M 20,000 (5) 12/03/2018 Series B Common Stock 20,000 $0 30,000 D
Explanation of Responses:
1. Series B Common Stock is converted into Series A Common Stock upon transfer to other than a "permitted Transferee" as defined in the Issuer's Certificate of Incorporation.
2. No consideraton; converted on a share-for-share basis.
3. Represents the average sale price per share. Shares sold in the open market as follows: 375 shares @ $8.2450 per share; 375 shares @ $8.2493 per share; 4,500 shares @ $8.2500 per share; 375 shares @ $8.2554 per share; 500 shares @ $8.2555 per share; 375 shares @ $8.2579 per share; 375 shares @ $8.2580 per share; 1,500 shares @ $8.2600 per share; 375 shares @ $8.2608 per share; 375 shares @ $8.2633 per share; 375 shares @ $8.2807 per share; 200 shares @ $8.2850 per share; 550 shares @ $8.3000 per share; 375 shares @ $8.3200 per share; 375 shares @ $8.3587 per share; 375 shares @ $8.3773 per share; 375 shares @ $8.3922 per share;
4. Continuation of Footnote 3: 375 shares @ $8.4133 per share; 375 shares @ $8.4250 per share; 375 shares @ $8.4801 per share; 375 shares @ $8.4960 per share; 375 shares @ $8.4965 per share; 375 shares @ $8.5127 per share; 375 shares @ $8.5200 per share; 375 shares @ $8.5214 per share; 375 shares @ $8.5420 per share; 375 shares @ $8.5507 per share; 375 shares @ $8.5747 per share; 375 shares @ $8.5792 per share; 375 shares @ $8.5840 per share; 375 shares @ $8.6221 per share; 375 shares @ $8.6600 per share; 375 shares @ $8.6659 per share; 375 shares @ $8.6700 per share; 375 shares @ $8.6900 per share; and, 1,500 shares @ $8.6900 per share.
5. These options became exercisable as to 20,000 shares on 12/3/2009; the remaining options become exercisable as to 15,000 shares on 12/3/2010 and as to 15,000 shares on 12/3/2011.
Kay F. Stockler, Attorney-in-Fact 05/12/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.