YOUNG VINCENT J 4

4 · YOUNG BROADCASTING INC /DE/ · Filed Feb 1, 2007

Form 4

Period: 2007-01-30

DirectorChairman of the Board10% Owner

Transactions

Other
Class B Common Stock
2007-01-30−27,000→ 358,000 total(indirect: By Partnership)
From: 2007-01-30→ Class A Common Stock (358,000 underlying)
Other
Class A Common Stock
2007-01-30−82,000→ 30,502 total
Other
Class A Common Stock
2007-01-30+27,000→ 27,000 total(indirect: By Partnership)
Other
Class B Common Stock
2007-01-30+82,000→ 767,677 total
From: 2007-01-30→ Class A Common Stock (82,000 underlying)

Holdings

Class B Common Stock
(indirect: By Children)
→ Class A Common Stock (2,918 underlying)
2,918
Class B Common Stock
(indirect: By Trust)
→ Class A Common Stock (53,200 underlying)
53,200
Class A Common Stock
(indirect: By Children)
14,000

Footnotes (5)

[F1]On January 30, 2007, the Reporting Person exchanged an aggregate of 82,000 shares of Class A Common Stock owned by the Reporting Person for (i) 27,000 shares of Class B Common Stock owned by a partnership in which the Reporting Person has an indirect interest and (ii) 55,000 shares of Class B Common Stock owned by a trust. Each of the partnership and the trust is a member of the Issuer's Management Group (as defined in the Issuer's Restated Certificate of Incorporation). The exchange of shares of Class B Common Stock for shares of Class A Common Stock was effected on a one-for-one basis.
[F2]Includes 5,530 shares held in the Reporting Person's 401(k) plan, as reported in a plan statement dated as of December 31, 2006.
[F3]There is no expiration date.
[F4]Not applicable.
[F5]The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Documents

1 file