Filing Details

Accession Number:
0001398344-24-011515
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-07 18:15:54
Reporting Period:
2024-06-05
Accepted Time:
2024-06-07 18:15:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1494582 Boston Omaha Corp BOC Real Estate Operators (No Developers) & Lessors (6510) 270788438
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1618376 Magnolia Group, Llc 1601 Dodge Street
Suite 3300
Omaha NE 68102
No No Yes No
1667769 K Adam Peterson 1601 Dodge Street, Suite 3300
Omaha NE 68102
Chief Executive Officer Yes Yes Yes No
1732690 Magnolia Boc I, Lp 1601 Dodge Street, Suite 3300
Omaha NE 68102
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, Par Value $0.001 Per Share Acquisiton 2024-06-05 25,300 $14.37 6,718,218 No 4 P Direct
Class A Common Stock, Par Value $0.001 Per Share Acquisiton 2024-06-06 17,600 $13.88 6,735,818 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Footnotes
  1. The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson"), Mr. Peterson's Minor Children, Magnolia Capital Fund ("MCF"), and Magnolia BOC I, LP ("BOC I"). The Magnolia Group, LLC ("TMG") is the general partner and investment manager of MCF and BOC I. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein for those reporting persons.
  2. TMG and Mr. Peterson disclaim beneficial ownership with respect to the shares held by MCF and BOC I except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
  3. Mr. Peterson serves as a 10% Owner and Director of the Issuer, and as the Chief Executive Officer of the Issuer.
  4. This transaction was executed in multiple trades at prices ranging from $14.21 to $14.40. The price reported above reflects the weighted-average sale price per share. 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 number of shares and prices at which the transaction was effected.
  5. This transaction was executed in multiple trades at prices ranging from $13.49 to $13.95. The price reported above reflects the weighted-average sale price per share. 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 number of shares and prices at which the transaction was effected.
  6. MCF may be the beneficial owner of 580,558 shares of Common Stock that it holds (comprised of 527,780 shares of Class B Common Stock, 51,516 $10 Warrants to purchase Common Stock, and 1,262 $8 Warrants to purchase Common Stock). BOC I may be deemed the beneficial owner of 5,589,253 shares of Common Stock that it holds. TMG may be deemed the beneficial owner of 6,169,811 shares of Common Stock, which includes the shares held by MCF and BOC I. Adam Peterson may be deemed the beneficial owner of 6,735,818 shares of Common Stock including the 566,007 shares of Common Stock that he holds directly or indirectly through Mr. Peterson's minor children's account, and the shares held by MCF and BOC I.
  7. The purchase of shares being reported on this Form 4 were purchased by Adam Peterson directly for his personal account. No shares were purchased by the other Reporting Persons.