RADIO ONE INC 4
4 · RADIO ONE INC · Filed Feb 3, 2005
Insider Transaction Report
Form 4
RADIO ONE INCROIA/ROIAK
ROYSTER SCOTT R
Executive VP and CFO
Transactions
- Disposition to Issuer
Class D Common Stock
2005-01-10$15.95/sh−20,000$319,000→ 647,059 total
Footnotes (1)
- [F1]On January 30, 2002, the Reporting Person entered into a promissory note with the Company in connection with the Reporting Person's employment agreement. The terms of the promissory note permit satisfaction, in whole or in part, of the note with cash or common stock (based on the ten day average for the ten days preceding the transaction date of the closing prices of the sales of common stock). On January 10, 2005, the Reporting Person elected to satisfy the promissory note, in part, by transferring 20,000 shares of Class D common stock to the Company.