Filing Details

Accession Number:
0001567619-22-014654
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-29 16:00:35
Reporting Period:
2022-07-28
Accepted Time:
2022-07-29 16:00:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1784254 Mediaco Holding Inc. MDIA () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1409888 L.p. General Standard 767 Fifth Avenue
12Th Floor
New York NY 10153
No No Yes No
1418202 Soohyung Kim 767 Fifth Avenue, 12Th Floor
New York NY 10153
See Footnote 3 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
Class A Common Stock Acquisiton 2022-07-28 12,899,480 $2.32 13,469,399 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 5,413,197 Indirect See Footnote
Series A Convertible Preferred Stock 220,000 Indirect See Footnote
Footnotes
  1. Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis.
  2. Each share of Series A Convertible Preferred Stock will be convertible into such number of shares of Class A Common Stock as is determined by dividing (i) the purchase price of the Series A Convertible Preferred Stock plus any accrued dividends by (ii) the average of the volume-weighted average prices of the Class A Common Stock for the last 30 trading days prior to the date of determination, determined as of the fifth business day after the date on which the notice of conversion is given.
  3. On July 28, 2022, the Reporting Persons converted the outstanding principal and accrued interest under convertible promissory notes into 12,899,480 shares of Class A Common Stock valued, in accordance with the terms of the notes, at $2.3159 a share, which represents the average volume-weighted average prices of the Class A Common Stock for the last 30 trading days prior to the fifth business day after the date on which notice of conversion was given.
  4. The securities reported herein are beneficially owned by Standard General L.P. ("Standard General"). Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its or his pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose.