SPANISH BROADCASTING SYSTEM INC 4
4 · SPANISH BROADCASTING SYSTEM INC · Filed Aug 22, 2016
Insider Transaction Report
Form 4
ALARCON RAUL JR
DirectorChairman, CEO & Pres.10% Owner
Transactions
- Sale
Class C Convertible Preferred Stock
2016-08-18$10.00/sh+380,000$3,800,000→ 380,000 total(indirect: By Trust)Exercise: $0.00→ Class A Common Stock (760,000 underlying)
Footnotes (2)
- [F1]The Class C Convertible Preferred Stock is currently exercisable and does not have a expiration date.
- [F2]Mr. Alarcon acquired the shares through AAA Trust. Mr. Alarcon is the trustee and beneficiary of the AAA Trust.