Home > Insider Trading > Filing (0001567619-22-022132)

Filing Details

Accession Number:: 0001567619-22-022132
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-12-30 16:15:32
Reporting Period:: 2022-12-28

Accepted Time:: 2022-12-30 16:15:32
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2022-12-28	3,328,728	$1.20	16,798,127	No	4	P	Indirect	See Footnote
Series A Convertible Preferred Stock	Disposition	2022-12-28	40,000	$0.00	261,967	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnote
No	4	S	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

Footnotes

Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a one-for-one basis.
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 (the "Conversion Formula").
On December 28, 2022, the Reporting Persons converted 40,000 shares of Series A Convertible Preferred Stock into 3,328,728 shares of Class A Common Stock at a conversion price of $1.2017 per share, which was determined in accordance with the Conversion Formula.
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.
Prior to the conversion reported herein, the number of shares of Series A Convertible Preferred Stock beneficially owned by the Reporting Persons had increased to 301,967 shares pursuant to the terms of the security through the accrual of dividends subject to the exemption from reporting provided under Rule 16a-9.