Form 4 for BATRA Atlanta Braves Holdings, Inc.
Accepted 2024-08-23 00:00:00 ET · period of report 2024-08-21 · accession 0001225208-24-008167 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-08-23 | 2024-08-21 | BATRA | MALONE JOHN C | 10% | J - Other | $0.00 | -887.1K | 0 | -100% | $0 | |
| I | 2024-08-23 | 2024-08-21 | BATRA | MALONE JOHN C | 10% | J - Other | $0.00 | +887.1K | 887.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Series B Common Stock | 2024-08-21 | J | D | 887,079 | $0.00 | 0 | D JCM AB LLC | — | — | (F1) Each share of Series B Common Stock is convertible, at the holder's election, into one share of Series A Common Stock, at any time for no consideration other than the surrender of the share of Series B Common Stock for each share of Series A Common Stock. (F2) On August 21, 2024, Terence McGuirk and the John C. Malone 1995 Revocable Trust (the "Trust") entered into an operating agreement whereby the Trust contributed 887,079 shares of Series B Common Stock (the "Malone Series B Shares") to JCM AB LLC. This operating agreement generally entitles Mr. McGuirk to receive the portion of the proceeds of any transfer by JCM AB LLC of the Malone Series B Shares exceeding $50 per share. Mr. McGuirk also entered into a proxy and voting agreement with JCM AB LLC and certain of its affiliates pursuant to which Mr. McGuirk was appointed the proxy to vote the Malone Series B Shares on specified matters, and JCM ABC LLC and its affiliates granted Mr. McGuirk a right of first refusal with respect to the transfer of ownership of the Issuer's shares. Mr. McGuirk does not have the right to direct the disposition of the Malone Series B Shares, which is in the sole discretion of the Trust. |
| 2 | Common | Series B Common Stock | 2024-08-21 | J | A | 887,079 | $0.00 | 887,079 | I | — | — | (F1) Each share of Series B Common Stock is convertible, at the holder's election, into one share of Series A Common Stock, at any time for no consideration other than the surrender of the share of Series B Common Stock for each share of Series A Common Stock. |