BRIAN E. BEASLEY - 30 Jun 2022 Form 4 Insider Report for BEASLEY BROADCAST GROUP INC (BBGI)

Signature
/s/ Marie Tedesco, Attorney-in-Fact
Issuer symbol
BBGI
Transactions as of
30 Jun 2022
Net transactions value
-$10,909
Form type
4
Filing time
05 Jul 2022, 11:56:57 UTC
Previous filing
06 Jun 2022
Next filing
01 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBGI Class A Common Stock Options Exercise +35,000 +15% 275,082 30 Jun 2022 Direct F1
transaction BBGI Class A Common Stock Tax liability $10,909 -8,523 -3.1% $1.28 266,559 30 Jun 2022 Direct
holding BBGI Class A Common Stock 13,600 30 Jun 2022 See footnote. F2

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 Options Exercise $0 -35,000 -33% $0.000000 70,000 30 Jun 2022 Class A Common Stock 35,000 Direct F1, F3
* 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 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.
F3 The restricted stock units vest in three equal annual installments beginning on June 30, 2022.