4//SEC Filing
Presley Lisa Marie 4
Accession 0001209191-11-038090
CIK 0000793044other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 11:20 AM ET
Size
8.3 KB
Accession
0001209191-11-038090
Insider Transaction Report
Form 4
CKX, Inc.CKXE
Presley Lisa Marie
DirectorOther
Transactions
- Sale
Series B Convertible Preferred Stock
2011-06-21−1,491,817→ 0 total(indirect: See Footnote) - Sale
Series C Convertible Preferred Stock
2011-06-21−1→ 0 total(indirect: See Footnote)
Footnotes (3)
- [F1]Contribution of 1,491,817 shares of Series B Convertible Preferred Stock and 1 share of Series C Convertible Preferred Stock of the Issuer to CKX Entertainment Holdings, Inc. ("Entertainment Holdings") in exchange for shares of preferred stock of Entertainment Holdings.
- [F2]The Reporting Person may be deemed to have an indirect beneficial ownership in 1,491,817 shares of Series B Convertible Preferred Stock and 1 share of Series C Convertible Preferred Stock of the Issuer, which were directly beneficially owned by The Promenade Trust, a fully revocable Tennessee grantor trust (the "Trust"), by virtue of the fact that the Reporting Person is the sole beneficiary of the Trust. The Reporting Person disclaims beneficial ownership with respect to these shares, and this report shall not be deemd an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 or for any other purpose.
- [F3]The Trust, as holder of the Series C Convertible Preferred Stock of the Issuer, had the right to nominate a representative to serve on the board of directors of the Issuer. Accordingly, the Reporting Person may be deemed a director by virtue of her indirect right to nominate a representative to serve on the Issuer's board of directors. Priscilla Presley served as the Series C Convertible Preferred Stock's representative on the Issuer's board of directors.
Documents
Issuer
CKX, Inc.
CIK 0000793044
Entity typeother
Related Parties
1- filerCIK 0001318016
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 11:20 AM ET
- Size
- 8.3 KB