Filing Details

Accession Number:
0001437749-15-012531
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-06-18 15:44:38
Reporting Period:
2015-06-16
Filing Date:
2015-06-18
Accepted Time:
2015-06-18 15:44:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
934648 Speedway Motorsports Inc TRK Services-Racing, Including Track Operation (7948) 510363307
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
931255 Bruton O Smith 5401 E Independence Blvd
Charlotte NC 28212
Executive Chairman Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2015-06-16 633 $21.76 29,000,000 No 4 S Indirect See Footnote 1
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnote 1
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,376 Direct
Footnotes
  1. The reported securities are held by Sonic Financial Corporation ("SFC"), a North Carolina corporation of which Mr. Smith is a stockholder, officer and director, and OBS Holdings, LLC ("Holdings") of which Mr. Smith is a member and manager. The reported transaction reflects the transfer of shares of SFC and units of Holdings by Mr. Smith to certain of his lineal descendants in connection with estate and business planning, and therefore, constitutes a proportionate transfer of his pecuniary interest in shares of Speedway Motorsports, Inc. ("SMI") common stock held by SFC and Holdings. Mr. Smith disclaims beneficial ownership of the SMI common stock held by SFC and Holdings, except to the extent of his pecuniary interest therein.
  2. Based solely on the closing price of SMI common stock on June 15, 2015, as reported by the New York Stock Exchange.