Steven Charles McGhie - Apr 2, 2024 Form 4 Insider Report for BOSTON OMAHA Corp (BOC)

Role
Chief Executive Officer of Boston Omaha Broadband, LLC and Utah Broadband, LLC
Signature
/s/ Steven Charles McGhie
Stock symbol
BOC
Transactions as of
Apr 2, 2024
Transactions value $
$4,398,752
Form type
4
Date filed
4/4/2024, 06:30 PM
Previous filing
Apr 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BOC Class A common stock, par value $0.001 per share Other $4.4M +276K $15.96 276K Apr 2, 2024 See footnote F1, F2, F3
holding BOC Class A common stock, par value $0.001 per share 1.14K Apr 2, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares were issued to Alpine Networks, Inc. ("Alpine") pursuant to the Securities Exchange Agreement dated as of April 2, 2024 by and among the issuer, Alpine and the other parties thereto ("Securities Exchange Agreement") in exchange for the membership interests in FIF Utah LLC held by Alpine.
F2 The price indicates the weighted average closing price of the issuer's Class A common stock for the 30-business day period ending March 28, 2024, in accordance with the terms of the Securities Exchange Agreement.
F3 The shares are directly owned by Alpine, of which Mr. McGhie is the CEO and sole stockholder. Mr. McGhie could be deemed to have indirect beneficial ownership of the shares.

Remarks:

Chief Executive Officer of Boston Omaha Broadband, LLC and Utah Broadband, LLC