0001437749-19-004813.txt : 20190313
0001437749-19-004813.hdr.sgml : 20190313
20190313173807
ACCESSION NUMBER: 0001437749-19-004813
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190311
FILED AS OF DATE: 20190313
DATE AS OF CHANGE: 20190313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH MARCUS G
CENTRAL INDEX KEY: 0001170912
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13582
FILM NUMBER: 19679136
MAIL ADDRESS:
STREET 1: 5555 CONCORD PARKWAY SOUTH
CITY: CONCORD
STATE: NC
ZIP: 28027
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPEEDWAY MOTORSPORTS INC
CENTRAL INDEX KEY: 0000934648
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948]
IRS NUMBER: 510363307
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: US HIGHWAY 29 NORTH
STREET 2: PO BOX 600
CITY: CONCORD
STATE: NC
ZIP: 28026
BUSINESS PHONE: 7044553239
MAIL ADDRESS:
STREET 1: US HIGHWAY 29 NORTH
STREET 2: P O BOX 600
CITY: CONCORD
STATE: NC
ZIP: 28026-0600
4
1
rdgdoc.xml
FORM 4
X0306
4
2019-03-11
0000934648
SPEEDWAY MOTORSPORTS INC
TRK
0001170912
SMITH MARCUS G
5555 CONCORD PARKWAY SOUTH
CONCORD
NC
28027
1
1
1
Chief Executive Officer
Common Stock
2019-03-11
4
F
0
4551
16.45
D
238829
D
Common Stock
29000000
I
See Footnote No.2
Common Stock
2019-03-12
4
D
0
2545
0
D
236284
D
Common Stock
2019-03-12
4
A
0
35000
0
A
271284
D
Common Stock
2019-03-13
4
F
0
4836
16.86
D
266448
D
Represents shares delivered by the reporting person to Speedway Motorsports, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock units.
The reported securities are held by Sonic Financial Corporation ("SFC"), a North Carolina corporation of which Mr. Smith is a stockholder and executive officer, and OBS Holdings, LLC ("Holdings"), a North Carolina limited liability company of which Mr. Smith is a member and manager. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by SFC and Holdings, except to the extent of his pecuniary interest therein.
Represents the forfeiture of restricted stock units granted pursuant to the Speedway Motorsports, Inc. 2013 Stock Incentive Plan, Amended and Restated as April 19, 2017.
Represents shares of Common Stock issuable upon conversion of restricted stock units granted by the Compensation Committee of Speedway Motorsports, Inc. pursuant to the Speedway Motorsports, Inc. 2013 Stock Incentive Plan, Amended and Restated as of April 19, 2017. The restricted stock units may only be settled in shares of Common Stock and are subject to forfeiture based on the satisfaction of performance criteria for fiscal year 2018.
Represents shares delivered by the reporting person to Speedway Motorsports, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock units.
/s/ J. Cary Tharrington IV, Attorney-In-Fact
2019-03-13