SEC Form 4 · accession 0001437749-15-004160

SPEEDWAY MOTORSPORTS INC · TRK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director

Period of report

Mar 3, 2015

Accepted (ET)

Mar 5, 2015 · 2:58 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000934648

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Mar 3, 2015	D	2,545	$0.00	D	117,858	D
Common Stock^F2	Mar 3, 2015	A	100,000	$0.00	A	217,858	D
Common Stock^F3	Mar 4, 2015	F	5,163	$22.82	D	212,695	D
Common Stock^F4	holding	—	—		—	29,000,000	I	See Footnote 4

No Table II lines on this filing.

F1Represents the forfeiture of restricted stock granted pursuant to the Speedway Motorsports, Inc. 2013 Stock Incentive Plan.
F2Represents shares of Common Stock issuable upon conversion of restricted stock units granted by the Compensation Committee of Speedway Motorsports, Inc. pursuant to the Speedway Motorsports, Inc. 2013 Stock Incentive Plan. The restricted stock units may only be settled in shares of Common Stock and are subject to forfeiture based on the satisfaction of performance criteria for fiscal year 2015.
F3Represents shares delivered by the reporting person to Speedway Motorsports, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock.
F4The reported securities are held by Sonic Financial Corporation ("Sonic"), a North Carolina corporation, and OBS Holdings, LLC ("Holdings"), a North Carolina limited liability company, of which Mr. Smith and his affiliates are stockholders and members, respectively. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by Sonic and Holdings, except to the extent of his pecuniary interest therein.