SEC Form 4 · accession 0001209191-19-000118
BEASLEY BROADCAST GROUP INC · BBGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George G Beasley
Officer — Chairman · Director · 10% Owner
Period of report
Dec 31, 2018
Accepted (ET)
Jan 2, 2019 · 2:39 pm EST
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 | Dec 31, 2018 | M | 15,000 | — | A | 16,450 | D | |
| Class A Common Stock | Dec 31, 2018 | F | 5,550 | $3.64 | D | 10,900 | D | |
| Class A Common StockF2 | holding | — | — | — | 1,071,595 | I | See footnote. | |
| Class A Common StockF3 | holding | — | — | — | 47,733 | I | See footnote. | |
| Class A Common StockF4 | holding | — | — | — | 153,832 | I | See footnote. | |
| Class A Common StockF5 | holding | — | — | — | 482 | I | See footnote. | |
| Class A Common StockF6 | holding | — | — | — | 6,096 | 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 unitsF1,F7 | — | Dec 31, 2018 | M | 15,000 | D | — | — | Class A Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2By GGB Family Limited Partnership. GGB Family Enterprises, Inc. is the general partner of GGB Family Limited Partnership. George G. Beasley is the sole shareholder of GGB Family Enterprises, Inc.
- F3By GGB II Family Limited Partnership. GGB Family Enterprises, Inc. is the general partner of GGB II Family Limited Partnership. George G. Beasley is the sole shareholder of GGB Family Enterprises, Inc.
- F4By George G. Beasley as Trustee of George G. Beasley Revocable Living Trust dated May 26, 2006.
- F5By GGB Family Enterprises, Inc. George G. Beasley is the sole shareholder of GGB Family Enterprises, Inc.
- F6By George G. Beasley as Trustee of REB Florida Intangible Tax Trust dated August 20, 2004.
- F7The restricted stock units vest in three equal installments beginning on December 31, 2017.
Remarks
Caroline Beasley signed this Form 4 pursuant to a Power of Attorney previously filed with the Commission.