5//SEC Filing
Bordes Cristina 5
Accession 0001209191-18-008794
CIK 0001099160other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:15 PM ET
Size
9.1 KB
Accession
0001209191-18-008794
Insider Transaction Report
Form 5
Bordes Cristina
10% Owner
Transactions
- Other
Class A Common Stock
2017-12-29$4.61/sh−160,442.318$739,639→ 489,762.455 total(indirect: By Trust) - Other
Class A Common Stock
2017-12-29$4.61/sh−280,558.92$1,293,377→ 2,004,759.982 total(indirect: By GRATs)
Footnotes (6)
- [F1]Includes 56,409.54 shares surrendered to Beasley Broadcast Group, Inc. (the "Issuer") and 104,032.778 shares released to the Issuer from escrow, in connection with the Agreement and Plan of Merger dated July 19, 2016, by and among the Issuer, Greater Media, Inc. ("Greater Media"), Beasley Media Group 2, Inc., an indirect wholly owned subsidiary of the Issuer ("Merger Sub"), and Peter A. Bordes, Jr., as the stockholders' representative (the "Stockholders' Representative"), pursuant to which, on November 1, 2016 (the "Effective Time"), Merger Sub was merged with and into Greater Media, with Greater Media surviving the merger as an indirect wholly owned subsidiary of the Issuer (the "Merger"), and pursuant to the Settlement Agreement (the "Settlement Agreement"), dated December 29, 2017, by and among the Issuer, Greater Media and the Stockholders' Representative, in full satisfaction of the Reporting Person's obligations with respect to (continued in next footnote)
- [F2](i) certain purchase price and other adjustments under Section 1.7 of the Merger Agreement, and (ii) resolution of certain other claims between the Issuer and BFTW LLC.
- [F3]Cristina Bordes is a co-trustee and beneficiary of the Cristina Bordes 2009 Gift Trust.
- [F4]Cristina Bordes disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that she is, for purposes of Section 16 or for any other purpose, the beneficial owner of such securities.
- [F5]Includes 230,902.96 shares surrendered to the Issuer and 49,685.955 shares released to the Issuer from escrow in connection with the Merger Agreement and pursuant to the Settlement Agreement, in full satisfaction of the Reporting Person's obligations with respect to (i) certain purchase price and other adjustments under Section 1.7 of the Merger Agreement, and (ii) resolution of certain other claims between the Issuer and BFTW LLC.
- [F6]These securities are owned by various grantor retained annuity trusts (the "Lee Bordes GRATs"). Cristina Bordes is a co-trustee of the Lee Bordes GRATs.
Documents
Issuer
BEASLEY BROADCAST GROUP INC
CIK 0001099160
Entity typeother
Related Parties
1- filerCIK 0001689026
Filing Metadata
- Form type
- 5
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 4:15 PM ET
- Size
- 9.1 KB