Bradley C. Beasley - May 25, 2022 Form 4 Insider Report for BEASLEY BROADCAST GROUP INC (BBGI)

Role
Vice President of Operations, 10%+ Owner
Signature
/s/ Marie Tedesco, Attorney-in-Fact
Stock symbol
BBGI
Transactions as of
May 25, 2022
Transactions value $
-$3,394
Form type
4
Date filed
5/27/2022, 02:42 PM
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBGI Class A Common Stock Options Exercise +8.33K +21.17% 47.7K May 25, 2022 Direct F1
transaction BBGI Class A Common Stock Tax liability -$3.39K -2.25K -4.71% $1.51 45.5K May 25, 2022 Direct
holding BBGI Class A Common Stock 64.2K May 25, 2022 See footnote. F2
holding BBGI Class A Common Stock 14.1K May 25, 2022 See footnote. F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BBGI Restricted Stock Units Award $0 +25K $0.00 25K May 25, 2022 Class A Common Stock 25K Direct F1, F4
transaction BBGI Restricted Stock Units Options Exercise $0 -8.33K -33.33% $0.00 16.7K May 25, 2022 Class A Common Stock 8.33K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F2 By Bradley C. Beasley as Trustee of the Bradley C. Beasley Revocable Trust dated July 13, 1999 as amended.
F3 These securities are held by the Reporting Person's children. The Reporting Person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4 On May 25, 2022, the Reporting Person was granted 25,000 restricted stock units, which vest in three substantially equal annual installments beginning on the grant date.

Remarks:

Exhibit List: Exhibit 24 Power of Attorney