LOVE L ROSS 4
4 · RADIO ONE INC · Filed Sep 8, 2003
Insider Transaction Report
Form 4
RADIO ONE INCROIA/ROIAK
LOVE L ROSS
Director
Transactions
- Sale
Class D Common Stock
2003-09-04$18.33/sh−54,900$1,006,317→ 645,100 total(indirect: LRL Investments, LP) - Sale
Class D Common Stock
2003-09-04−0→ 500 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by the reporting person on March 21, 2003.
- [F2]On August 10, 2001: (1) LRL Trading, L.L.C. ("LRL Trading") acquired 2,212,368 shares of Class D Common Stock of Radio One, Inc. (the "Company"), (2) LRC Love Limited Partnership ("LRC Love LP") acquired 170,388 shares of Class D Common Stock, (3) Love Family Limited Partnership ("Love Family LP") acquired 73,023 shares of Class D Common Stock and (4) Cheryl H. Love, the wife of the reporting person, acquired 91,979 shares of Class D Common Stock in connection with the Company's acquisition of Blue Chip Broadcasting, Inc. ("Blue Chip"). On April 16, 2003, the reporting person re-registered 800,000 shares held by LRL Trading in the name of LRL Investments, L.P. ("LRL Investments").
- [F3]The reporting person, who was an officer, director and shareholder of Blue Chip, has an indirect, controlling interest in LRL Trading, LRL Investments, LRC Love LP and Love Family LP, and accordingly may be deemed to be the beneficial owner of some or all of the shares held by these entities. The reporting person disclaims beneficial ownership of shares held by LRL Trading, LRL Investments, LRC Love LP and Love Family LP except to the extent of his pecuniary interest therein. The reporting person disclaims beneficial ownership of the shares held by Cheryl H. Love and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.