COX BROADCASTING INC 4
4 · COX RADIO INC · Filed May 22, 2009
Insider Transaction Report
Form 4
COX BROADCASTING INC
10% Owner
Transactions
- Purchase
Class A Common Stock
2009-05-19$4.80/sh+10,327,522$49,572,106→ 13,919,476 total
Footnotes (2)
- [F1]On May 19, 2009, Cox Media Group, Inc. accepted for purchase 10,327,522 shares of Class A common stock of Cox Radio, Inc. validly tendered or subject to notices of guaranteed delivery pursuant to the tender offer by Cox Enterprises, Inc. and Cox Media Group to purchase all of the outstanding Class A common stock of Cox Radio. For more information, see the Offer to Purchase, dated April 30, 2009 and filed with a Schedule TO-T/A on May 1, 2009. The number of shares was based on estimates provided by the depositary for the tender offer, and included an estimated 917,500 shares tendered pursuant to guaranteed delivery. These estimates may change prior to consummation of the tender offer, expected to occur on May 26, 2009, and all shares guaranteed for delivery may not be delivered. Cox Enterprises will pay for all shares validly tendered and delivered upon consummation of the tender offer.
- [F2]Each of Cox Media Group, Inc., its sole shareholder Cox Holdings, Inc., its sole shareholder Cox Enterprises, Inc., and its shareholder the DaytonCox Trust A, may be deemed to be a beneficial owner of all the securities reported herein.