SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
GALE DAVID

(Last) (First) (Middle)
220 MONTGOMERY STREET
SUITE 426

(Street)
SAN FRANCISCO CA 94104

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/23/2004
3. Issuer Name and Ticker or Trading Symbol
METROMEDIA INTERNATIONAL GROUP INC [ MTRM.OB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
08/10/2004
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 10,000 I(1) These shares are owned by Mr. Gale's spouse.
Common Stock 250 I Owned by Delta Dividend Group, Inc., of which Mr. Gale is President and majoritiy (55%) owner.
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
7.25% Cumulative Preferred Stock 12/31/2003 (2) Common Stock (3) (3) I(4) Owned by Delta Divident Group, Inc., of which Mr. Gale is President and majority (55%) owner.
Explanation of Responses:
1. The original filing incorrectly indicated direct ownership of these 10,000 shares of Common Stock. The shares are owned by Mr. Gale's spouse.
2. The 7.25% Cumulative Convertible Preferred Stock is convertible at any time without expiration unless earlier redeemed at the Company's discretion.
3. The original filing incorrectly indicated beneficial ownership of 20,000 shares of this Preferred Stock. The correct amount is 21,000 shares. The Preferred Stock is convertible at any time into the number of shares of Common Stock as is equal to the aggregate liquidation preference ($50/share), plus accrued and unpaid dividend to the date the shares of Preferred Stock are surrendered for conversion, divided by an initial conversion price of $15.00. Based on this formula, the 21,000 shares of Preferred Stock are currently (on 4-1-2005) convertible to 70,000 shares of Common Stock.
4. The original filing incorrectly indicated that Mr. Gale directly owned Preferred Stock. He does not directly own any of the Preferred Stock.
Beverly Bertram Timm, by power of attorney 04/01/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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