Edgar Filing: ENGEL ALISON K

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

ENGEL ALISON K

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)
SVP/CFO and Treasurer

(Last)

(First)

(Middle)

A. H. BELO CORPORATION, P.O. BOX 224866

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2010

(Street)

DALLAS, TX 75222-4866

4. If Amendment, Date 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

(City)

(State)

(Zip)

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Series B Common Stock	07/28/2010		M		11,300	A	$ 2.05	11,300	D
Series B Common Stock ⁽¹⁾	07/28/2010		C		11,300	D	$ 0 ⁽²⁾	0	D
Series A Common Stock ⁽¹⁾	07/28/2010		C		11,300	A	$ 0 ⁽²⁾	12,357	D
Series A Common Stock	07/28/2010		S		11,300	D	$ 7.7403 ⁽³⁾	1,057	D
Series A Common Stock								13	I	By 401K Account ⁽⁴⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option (Right to Buy)

$ 2.05

07/28/2010

11,300

⁽⁵⁾

12/03/2018

Series B Common Stock

11,300

$ 0

74,000

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ENGEL ALISON K A. H. BELO CORPORATION P.O. BOX 224866 DALLAS, TX 75222-4866			SVP/CFO and Treasurer

Signatures

Kay F. Stockler, Attorney-in-Fact		07/29/2010
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(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: 1,600 shares @ $7.70 per share; 500 shares @ $7.7001 per share; 500 shares @ $7.7042 per share; 620 shares @ $7.71 per share; 500 shares @ $7.73 per share; 500 shares @ $7.743 per share; 500 shares @ $7.746 per share; 2,580 shares @ $7.75 per share; 500 shares @ $7.7501 per share; 500 shares @ $7.756 per share; 2,000 shares @ $7.76 per share; 500 shares @ $7.782 per share; and, 500 shares @ $7.79 per share.
(4)	Held by the A. H. Belo Savings Plan as of July 28, 2010.
(5)	The options became exercisable as to 36,000 shares on December 3, 2009, and will become exercisable as to 27,000 shares on December 3, 2010, and as to the remaining shares on December 3, 2011.

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