SEC Form 4 · accession 0000899243-16-027847
SPANISH BROADCASTING SYSTEM INC · SBSAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raul Alarcon
Officer — Chairman, CEO & President · Director · 10% Owner
Period of report
Aug 18, 2016
Accepted (ET)
Aug 22, 2016 · 4:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000927720
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class C Convertible Preferred StockF2,F1 | $0.00 | Aug 18, 2016 | S | 380,000 | A | — | — | Class A Common Stock | 760,000 | 380,000 | I |
Explanation of responses
- F1The Class C Convertible Preferred Stock is currently exercisable and does not have a expiration date.
- F2Mr. Alarcon acquired the shares through AAA Trust. Mr. Alarcon is the trustee and beneficiary of the AAA Trust.