SEC Form 4 · accession 0001209191-18-021338
BEASLEY BROADCAST GROUP INC · BBGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley C Beasley
Officer — Market Manager · 10% Owner
Period of report
Mar 20, 2018
Accepted (ET)
Mar 22, 2018 · 7:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001099160
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Mar 20, 2018 | A | 5,000 | $0.00 | A | 36,593 | D | |
| Class A Common Stock | Mar 20, 2018 | F | 1,950 | $10.25 | D | 34,643 | D | |
| Class A Common StockF2 | holding | — | — | — | 64,219 | I | See footnote. | |
| Class A Common StockF3 | holding | — | — | — | 12,000 | I | See footnote. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | Mar 20, 2018 | A | 7,500 | A | — | — | Class A Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1Does not include 6,666 shares of restricted stock that were forfeited due to certain performance criteria not being met.
- F2By Bradley C. Beasley as Trustee of the Bradley C. Beasley Revocable Trust dated July 13, 1999 as amended.
- F3These securities are held by the Reporting Person's children. The Reporting Person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F4Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F5The restricted stock units vest on December 31, 2020.