SEC Form 4 · accession 0001398344-19-002120
BOSTON OMAHA Corp · BOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
MAGNOLIA GROUP, LLC
10% Owner
Adam K Peterson
Officer — Co-Chief Executive Officer · Director · 10% Owner
MAGNOLIA BOC I, LP
10% Owner
Period of report
Feb 1, 2019
Accepted (ET)
Feb 5, 2019 · 6:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001494582
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.001 per shareF5,F1,F2,F3 | Feb 1, 2019 | J | 2,896,989 | $0.00 | A | 10,511,545 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson"), The Magnolia Group, LLC ("TMG"), Magnolia Capital Fund ("MCF"), Magnolia BOC I, LP ("BOC I"), and Magnolia BOC II, LP ("BOC II"). TMG is the general partner and investment manager of MCF, BOC I, and BOC II. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein for those reporting persons.
- F2TMG and Mr. Peterson disclaim beneficial ownership with respect to the shares reported indirectly except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
- F3Mr. Peterson serves as a director of the Issuer, and as the co-chief executive officer of the issuer.
- F4A limited partner of BOC I made an in-kind capital contribution to BOC I of 2,896,989 shares of Class A common stock on February 1, 2019.
- F5MCF may be deemed the beneficial owner of 580,558 shares of Common Stock that it holds. BOC I may be deemed the beneficial owner of 7,679,521 shares of Common Stock that it holds. BOC II may be deemed the beneficial owner of 2,070,328 shares of Common Stock that it holds. TMG may be deemed the beneficial owner of 10,423,583 shares of Common Stock including the 93,176 shares of Common Stock that it holds directly. Adam Peterson may be deemed the beneficial owner of 10,511,545 shares of Common Stock including the 87,962 shares of Common Stock that he holds directly and he holds interest in MCF, BOC I, BOC II, and TMG.