Filing Details

Accession Number:
0001181431-13-000166
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-01-02 14:56:23
Reporting Period:
2012-12-28
Filing Date:
2013-01-02
Accepted Time:
2013-01-02 14:56:23
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
931255 Bruton O Smith 5555 Concord Parkway South
Concord NC 28027
Chairman & Ceo Yes Yes Yes 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 Disposition 2012-12-28 29,000,000 $0.00 29,000,000 No 4 S Indirect See Footnote
Common Stock Disposition 2012-12-28 29,000,000 $0.00 29,000,000 No 5 G Indirect See Footnote
Common Stock Disposition 2012-12-28 29,000,000 $0.00 29,000,000 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote
No 5 G Indirect See Footnote
No 4 S Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 800 Direct
Footnotes
  1. The reported securities are held by OBS Holdings, LLC (the "LLC"), a North Carolina limited liability company of which Mr. Smith is the sole manager and a member. 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 sold an 11.8819% interest in the LLC for an aggregate purchase price of $15,000,000.
  3. Mr. Smith gifted a 3.1685% interest in the LLC.
  4. Mr. Smith sold an 11.8315% interest in the LLC for an aggregate purchase price of $14,933,807.94.