Filing Details

Accession Number:
0001140361-16-079229
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-08 17:00:43
Reporting Period:
2016-09-06
Filing Date:
2016-09-08
Accepted Time:
2016-09-08 17:00:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
216539 Media General Inc MEG Television Broadcasting Stations (4833) 540850433
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1409888 L.p. General Standard 767 Fifth Avenue, 12Th Floor
New York NY 10153
Yes No No No
1418202 Soohyung Kim 767 Fifth Avenue, 12Th Floor
New York NY 10153
See Footnote 3 Yes Yes Yes No
1465987 L.p. Fund General Standard 767 Fifth Avenue
12Th Floor
New York NY 10153
No No Yes No
1591884 Standard General Communications Llc 767 Fifth Avenue, 12Th Floor
New York NY 10153
No No 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
Voting Common Stock, No Par Value Disposition 2016-09-06 3,137,500 $17.65 4,443,649 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See Footnotes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Voting Common Stock, No Par Value Deferred Stock Units $0.00 4,504 4,504 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
4,504 4,504 Indirect
Footnotes
  1. The securities reported herein are held by Standard General Fund L.P. (the "Limited Partnership") and Standard General Communications LLC (the "LLC" and, together with the Limited Partnership, the "Funds"), private investment vehicles for which Standard General L.P. ("Standard General") serves as investment manager. As the sole owner of the LLC, the Limited Partnership may be deemed to beneficially own the shares held by the LLC. Standard General exercises voting and investment control over the shares held for the accounts of the Funds. Mr. Kim is a director of the general partner of the general partner of Standard General and Chief Investment Officer of Standard General, and in such capacities may be deemed to indirectly beneficially own the securities reported herein.
  2. Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest in such shares, and the inclusion of such securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or for any other purpose. Mr. Kim is also a Director of Media General, Inc.
  3. Represents 599,094 shares sold for the account of the Limited Partnership and 2,538,406 shares sold for the account of the LLC.
  4. Deferred Stock Units, which vest on July 21, 2017, were granted to Mr. Kim in his capacity as a Director of the issuer, pursuant to the Issuer's Directors' Deferred Compensation Plan.
  5. As of the close of business on September 6, 2016, the Limited Partnership and the LLC held 0 and 4,443,649 shares of the Issuer's Voting Stock, respectively, after giving effect to the sales described in Footnote 3 above.