Filing Details
- Accession Number:
- 0001181431-13-000165
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-01-02 14:56:15
- Reporting Period:
- 2012-12-28
- Filing Date:
- 2013-01-02
- Accepted Time:
- 2013-01-02 14:56:15
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
934648 | Speedway Motorsports Inc | TRK | Services-Racing, Including Track Operation (7948) | 510363307 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1170912 | G Marcus Smith | 5555 Concord Parkway South Concord NC 28027 | Chief Operating Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2012-12-28 | 29,000,000 | $0.00 | 29,000,000 | No | 4 | P | Indirect | See footnote |
Common Stock | Acquisiton | 2012-12-28 | 29,000,000 | $0.00 | 29,000,000 | No | 5 | G | Indirect | See footnote |
Common Stock | Acquisiton | 2012-12-28 | 29,000,000 | $0.00 | 29,000,000 | No | 4 | P | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See footnote |
No | 5 | G | Indirect | See footnote |
No | 4 | P | Indirect | See footnote |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 90,731 | Direct |
Footnotes
- The reported securities are held by OBS Holdings, LLC ("Holdings"), a North Carolina limited liability company. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by the LLC, except to the extent of his pecuniary interest therein.
- Mr. Smith is a member of OBS Family, LLC, which purchased an 11.8819% interest in Holdings for an aggregate purchase price of $15,000,000.
- Mr. Smith is a co-trustee and a beneficiary of O. Bruton Smith Family Irrevocable Trust dated December 11, 2012 (the "Trust"), which received a 3.1685% interest in the LLC as a gift.
- The Trust purchased an 11.8315% interest in the LLC for an aggregate purchase price of $14,933,807.94.