| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
BELO CORP [ BLC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/12/2013 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) 02/14/2013 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Series A Common Stock | 02/12/2013(1) | S | 9,160 | D | $9.01(2) | 141,854 | I | By Family LP I(3) | ||
| Series A Common Stock | 02/13/2013(1) | S | 10,390 | D | $9.01(4) | 131,464 | I | By Family LP I(3) | ||
| Series A Common Stock | 02/14/2013(1) | S | 9,610 | D | $9(5) | 121,854 | I | By Family LP I(3) | ||
| Series A Common Stock | 02/14/2013(1) | S | 19,500(6) | D | $8.99(7) | 120,500(6) | I | By GRATs(8) | ||
| Series A Common Stock | 02/14/2013 | S | 9,900(9) | D | $8.99(10) | 91,300(11) | I | By Spouse(12) | ||
| Series A Common Stock | 02/14/2013 | S | 9,716(14) | D | $8.99(15) | 141,297 | I | By Family LP II(3) | ||
| Series A Common Stock | 101,745 | D | ||||||||
| Series A Common Stock | 5,468 | I | By 401K Account(13) | |||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. The Form 4 filed on February 14, 2013 reported the transactions as taking place in December 2012 and December 2013 rather than the correct dates in February 2013. |
| 2. Represents the average sale price per share. Shares sold in the open market as follows: 4,365 shares @ $9.0000 per share; 1,861 shares @ $9.0050 per share; 644 shares @ $9.0100 per share; 1,932 shares @ $9.0150 per share; and 358 shares @ $9.0200 per share. |
| 3. The reporting person is the managing general partner of the family partnership that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
| 4. Represents the average sale price per share. Shares sold in the open market as follows: 4,965 shares @ $9.0000 per share; 900 shares @ $9.0050 per share; 989 shares @ $9.0100 per share; 729 shares @ $9.0200 per share; 49 shares @ $9.0250 per share; 2,404 shares @ $9.0300 per share; 71 shares @ $9.0350 per share; and 283 shares @ $9.0400 per share. |
| 5. Represents the average sale price per share. Shares sold in the open market as follows: 8,910 shares @ $9.0000 per share; and 700 shares @ $9.0100 per share. |
| 6. This amendment corrects the number of shares sold by these entities on February 14, 2013 and reported on the Form 4 filed on February 14, 2013. |
| 7. Represents the average sale price per share. Shares sold in the open market as follows: 17,600 shares @ $8.99 per share; 100 shares @ $8.9903 per share; 200 shares @ $8.9906 per share; 700 shares @ $8.9907 per share; 500 shares @ $8.9908 per share; 100 shares @ $8.9911 per share; and 300 shares @ $9.00 per share. |
| 8. The reporting person is the settlor and trustee of each grantor retained annuity trust ("GRAT") and receives annual annuity payments therefrom. The reporting person's children are the remaindermen.The reporting person disclaims beneficial ownership of the reported securities, except to the extent of his pecuniary interest therein. |
| 9. The sale of these shares was erroneously attributed to the GRATs referenced above on the Form 4 filed on February 14, 2013. This amendment attributes the sale of said shares to the reporting person's spouse. |
| 10. Represents the average sale price per share. Shares sold in the open market as follows: 8,800 shares @$8.99 per share; 400 shares @ $8.9907 per share; 500 shares @ $8.9908 per share; and 200 shares @ $9.00 per share. |
| 11. This amendment corrects the number of shares beneficially owned by the reporting person's spouse and reported on the Form 4 filed February 14, 2013. |
| 12. The reporting person disclaims beneficial ownership of these securities. |
| 13. Held by the A. H. Belo Corporation Savings Plan as of February 12, 2013. |
| 14. This amendment is filed to include the shares sold by a second family limited partnership, which shares inadvertently were not included previously. |
| 15. Represents the average sale price per share. Shares sold in the open market as follows: 8,116 shares @ $8.99 per share; 100 shares @ $8.9901 per share; 100 shares @ $8.9904 per share; 500 shares @ $8.9907 per share; 500 shares @ $8.9908 per share; and 400 shares @ $9.00 per share. |
| Russell F. Coleman, Attorney-In-Fact | 03/07/2013 | |
| ** 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 4 (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. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||