0001437749-19-018765.txt : 20190919
0001437749-19-018765.hdr.sgml : 20190919
20190919181446
ACCESSION NUMBER: 0001437749-19-018765
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190917
FILED AS OF DATE: 20190919
DATE AS OF CHANGE: 20190919
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: 191102395
MAIL ADDRESS:
STREET 1: 5555 CONCORD PARKWAY SOUTH
CITY: CONCORD
STATE: NC
ZIP: 28027
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPEEDWAY MOTORSPORTS LLC
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
FORMER COMPANY:
FORMER CONFORMED NAME: SPEEDWAY MOTORSPORTS INC
DATE OF NAME CHANGE: 19941223
4
1
rdgdoc.xml
FORM 4
X0306
4
2019-09-17
0000934648
SPEEDWAY MOTORSPORTS LLC
TRK
0001170912
SMITH MARCUS G
5555 CONCORD PARKWAY SOUTH
CONCORD
NC
28027
1
1
1
Chief Executive Officer
Common Stock
2019-09-17
4
D
0
266448
19.75
D
0
D
Common Stock
2019-09-17
4
S
0
5300000
D
0
I
See Footnote 1.
Common Stock
2019-09-17
4
P
0
5300000
A
29000000
I
See Footnote 1.
Common Stock
2019-09-17
4
D
0
29000000
0
D
0
I
See Footnote 2.
The reported securities were held by OBS Holdings, LLC ("Holdings"), a North Carolina limited liability company of which Mr. Smith was a member and manager. Mr. Smith contributed all of his interest in Holdings to Sonic Financial Corporation ("SFC"), a North Carolina corporation of which Mr. Smith is a stockholder and executive officer, for additional shares of SFC. Accordingly, Mr. Smith may be deemed the indirect beneficial owner of the reported securities owned by either SFC or Holdings. Subsequently, Holdings merged with and into SFC. No consideration was payable to Mr. Smith upon consummation of the merger of Holdings with and into SFC. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by Holdings, except to the extent of his pecuniary interest therein.
The reported securities were held by SFC and were cancelled for no consideration upon the consummation of the merger of a wholly-owned subsidiary of SFC with and into Speedway Motorsports, Inc. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by SFC, except to the extent of his pecuniary interest therein.
/s/ J. Cary Tharrington IV, Attorney in Fact
2019-09-19