Frank H. Kenan II - Sep 14, 2022 Form 4 Insider Report for BOSTON OMAHA Corp (BOC)

Role
Director
Signature
/s/ Frank H. Kenan II
Stock symbol
BOC
Transactions as of
Sep 14, 2022
Transactions value $
-$517,630
Form type
4
Date filed
9/16/2022, 04:03 PM
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOC Class A common stock, par value $0.001 per share Sale -$276K -10.8K -5.94% $25.60 171K Sep 14, 2022 See footnote F1, F2, F3
transaction BOC Class A common stock, par value $0.001 per share Sale -$241K -9.21K -5.39% $26.22 162K Sep 15, 2022 See footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The disposed shares are directly owned by a trust under which Frank H. Kenan II is both the trustee and a beneficiary.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.50 to $25.75, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
F3 The reported shares are directly owned by KD Capital, L.P. and a trust under which Frank H. Kenan II is both the trustee and a beneficiary. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.4150, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (4) to this Form 4.