Brendan J. Keating - May 16, 2023 Form 4 Insider Report for BOSTON OMAHA Corp (BOC)

Role
Co-Managing Part BOA Mgmt, LLC, Director
Signature
/s/ Brendan J. Keating
Stock symbol
BOC
Transactions as of
May 16, 2023
Transactions value $
$57,101
Form type
4
Date filed
5/18/2023, 04:03 PM
Previous filing
May 16, 2023
Next filing
Sep 24, 2024

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 Purchase $57.1K +2.97K +6.27% $19.21 50.4K May 16, 2023 See Footnote 2 F1, F2
holding BOC Class A common stock, par value $0.001 per share 42K May 16, 2023 See footnote 3 F3
holding BOC Class A common stock, par value $0.001 per share 45.8K May 16, 2023 See footnote 4 F4
holding BOC Class A common stock, par value $0.001 per share 6.8K May 16, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.21 to $19.22, 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 (1) to this Form 4.
F2 The reported shares are directly owned by Rosecrest Trust, of which Brendan J. Keating is the Trustee. Mr. Keating could be deemed to have indirect beneficial ownership of the shares.
F3 The reported shares were issued to 24th Street Holding pursuant to the Membership Interest Purchase Agreement dated as of May 1, 2023 by and among the issuer, 24th Street Holding Company LLC ("24th Street Holding"), Logic Real Estate Companies LLC ("LREC"), Logic Irrevocable Trust (the "Trust"), Mr. Keating, and the other parties thereto (the "MIPA"), and were ultimately transferred to the Trust. Mr. Keating is the manager of the entity that is the manager of 24th Street Holding, and is a trustee and beneficiary of the Trust. 24th Street Holding is majority owned by LREC, which itself is majority owned by the Trust. Mr. Keating could be deemed to have indirect beneficial ownership of the shares.
F4 The shares are held in a 401(k) account for the benefit of Mr. Keating. Mr. Keating could be deemed to have indirect beneficial ownership of the shares.