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
  1. 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.
  2. 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.
  3. 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.
  4. The Trust purchased an 11.8315% interest in the LLC for an aggregate purchase price of $14,933,807.94.