SEC Form 4 · accession 0000950157-17-001140
Graham Holdings Co · GHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Graham
10% Owner
Period of report
Jul 24, 2017
Accepted (ET)
Jul 26, 2017 · 5:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000104889
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock | holding | — | — | — | 3,087 | I | Revocable Trust | |
| Class B Common StockF1 | holding | — | — | — | 46,638 | I | Trusts for Siblings | |
| Class B Common StockF1 | holding | — | — | — | 7,600 | I | Trusts for Children | |
| Class B Common StockF1 | holding | — | — | — | 1,044 | I | Trusts for Children of Siblings | |
| Class B Common StockF1 | holding | — | — | — | 5,000 | I | Trust for Third Party | |
| Class B Common StockF2 | holding | — | — | — | 60 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common StockF4,F3 | — | Jul 24, 2017 | S | 30,564 | D | — | — | Class B Common Stock | — | 216,421 | D |
| Class A Common StockF4,F3 | — | Jul 24, 2017 | P | 30,564 | A | — | — | Class B Common Stock | — | 74,712 | I |
| Class A Common StockF3 | — | holding | — | — | — | — | — | Class B Common Stock | — | 59,241 | I |
| Class A Common StockF3 | — | holding | — | — | — | — | — | Class B Common Stock | — | 208,565 | I |
| Class A Common StockF3 | — | holding | — | — | — | — | — | Class B Common Stock | — | 388,225 | I |
| Class A Common StockF3 | — | holding | — | — | — | — | — | Class B Common Stock | — | 1,800 | I |
Explanation of responses
- F1The reporting person is a trustee of the trust that owns the reported securities, but he is not a beneficiary of such trust. The reporting person disclaims beneficial ownership of the reported securities.
- F2The reporting person disclaims beneficial ownership of the reported securities.
- F3Shares of Class A Common Stock are convertible into shares of Class B Common Stock at any time on a one-for-one basis and have no expiration date.
- F4This transaction is a private sale and purchase between the reporting person and the Trusts for Children, in which the reporting person is selling shares of Class A Common Stock to the Trusts for Children for the equivalent value of Cable One, Inc. Common Stock, with fractional shares of Class A Common Stock being settled in cash. The reporting person has indirect beneficial ownership of the Trusts for Children, and as such this is a change in form of beneficial ownership. The value of Class A Common Stock for the purpose of this transaction is based on the mean of the high and the low price of Class B Common Stock on July 24, 2017 and the value of Cable One, Inc. Common Stock is based on the mean of the high and the low price of Cable One, Inc. Common Stock on July 24, 2017.