Filing Details
- Accession Number:
- 0001209191-10-026602
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-10 13:00:00
- Reporting Period:
- 2010-05-06
- Filing Date:
- 2010-05-10
- Accepted Time:
- 2010-05-10 19:32:37
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1174527 | Citadel Broadcasting Corp | CTDBQ | Radio Broadcasting Stations (4832) | 510405729 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1018328 | Winston Hutchins | C/O Forstmann Little &Amp; Co. 767 Fifth Avenue New York NY 10153 | No | No | 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 | 2010-05-06 | 300,442 | $0.15 | 74,653,146 | No | 4 | S | Indirect | See note |
Common Stock | Disposition | 2010-05-06 | 487,721 | $0.15 | 74,165,425 | No | 4 | S | Indirect | See note |
Common Stock | Disposition | 2010-05-07 | 487,721 | $0.15 | 73,677,704 | No | 4 | S | Indirect | See note |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See note |
No | 4 | S | Indirect | See note |
No | 4 | S | Indirect | See note |
Footnotes
- Winston W. Hutchins is a general partner of FLC XXXII Partnership, L.P., which is the general partner of Forstmann Little & Co. Equity Partnership - VI, L.P. ("Equity-VI") and Forstmann Little & Co. Equity Partnership - VII, L.P. ("Equity-VII"). Mr. Hutchins is also a general partner of FLC XXXIII Partnership, L.P., which is the general partner of Forstmann Little & Co. Subordinated Debt and Equity Management Buyout Partnership - VII, L.P. ("MBO-VII") and Forstmann Little & Co. Subordinated Debt and Equity Management Buyout Partnership - VIII, L.P. ("MBO-VIII").
- On May 6-7, 2010, Equity-VI, Equity-VII, MBO-VII and MBO-VIII entered into agreements to sell 300,442 shares of common stock, 258,252 shares of common stock, 505,606 shares of common stock and 211,584 shares of common stock, respectively. Following such sales, Equity-VI will own 33,309,166 shares of common stock, Equity-VII will own 10,687,723 shares of common stock, MBO-VII will own 20,924,414 shares of common stock and MBO-VIII will own 8,756,401 shares of common stock.
- Represents the weighted average price of multiple transactions with a range of prices between $0.1200 and $0.1650. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- Represents the weighted average price of multiple transactions with a range of prices between $0.1250 and $0.1700. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- Represents the weighted average price of multiple transactions with a range of prices between $0.1380 and $0.1517. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.