SEC Form 4 · accession 0001437749-15-004421
SPEEDWAY MOTORSPORTS INC · TRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marcus G Smith
Officer — Chief Executive Officer · Director
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 10:42 am EDT
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 StockF1 | Mar 6, 2015 | F | 5,034 | $22.68 | D | 207,661 | D | |
| Common StockF2 | Mar 9, 2015 | F | 3,729 | $22.06 | D | 203,932 | D | |
| Common StockF3 | holding | — | — | — | 29,000,000 | I | See Footnote 3 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares delivered by the reporting person to Speedway Motorsports, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock.
- F2Represents shares delivered by the reporting person to Speedway Motorsports, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock.
- F3The 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.