-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V8b3meIjMI53NY3rzZLPTPx58rTl7L1eVqrQLpfLdJLDZeo1anj0OFJ7ltzn9Gty gUOJfrR17L44nBi2Gz/HmQ== 0001013816-03-000035.txt : 20030214 0001013816-03-000035.hdr.sgml : 20030214 20030214135803 ACCESSION NUMBER: 0001013816-03-000035 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030214 GROUP MEMBERS: ADAM YOUNG GROUP MEMBERS: VINCENT J. YOUNG SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: YOUNG BROADCASTING INC /DE/ CENTRAL INDEX KEY: 0000929144 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 133339681 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-46786 FILM NUMBER: 03565922 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127547070 MAIL ADDRESS: STREET 1: 599 LEXINGTON AVE CITY: NEW YORK STATE: NY ZIP: 10022 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: YOUNG VINCENT J CENTRAL INDEX KEY: 0000938907 IRS NUMBER: 123384893 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: C/O YOUNG BROADCASTING INC STREET 2: 599 LIVINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127547070 MAIL ADDRESS: STREET 1: C/O YOUNG BROADCASTING INC STREET 2: 599 LIVINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 vyoung-13g.txt SCHEDULE 13G AMENDMENT NO. 4 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ------------ SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. 4) YOUNG BROADCASTING INC. - -------------------------------------------------------------------------------- (Name of Issuer) CLASS A COMMON STOCK, $.001 PAR VALUE - -------------------------------------------------------------------------------- (Title of Class of Securities) 987434107 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2002 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |_| Rule 13d-1(b) |_| Rule 13d-1(c) |X| Rule 13d-1(d) - -------------------------------------------------------------------------------- CUSIP No. 987434107 13G Page 2 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) VINCENT J. YOUNG - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 1,651,126 - Class B shares SHARES --------------------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY 484,400 - Class B shares OWNED BY --------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH 1,641,076 - Class B shares REPORTING --------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON WITH 430,000 - Class B shares --------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,135,526 - Class B shares - ------------------------------------------------------------------------------ 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - ------------------------------------------------------------------------------ 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 10.4% of aggregate of Class A and Class B shares - ------------------------------------------------------------------------------ 12 TYPE OF REPORTING PERSON* IN - ------------------------------------------------------------------------------ *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 987434107 13G Page 3 of 7 Pages - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY) ADAM YOUNG - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_| (b) |_| - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION USA - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 778,762 - Class B shares SHARES --------------------------------------------------------------- 6 SHARED VOTING POWER BENEFICIALLY 430,000 - Class B shares OWNED BY --------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER EACH 778,762 - Class B shares REPORTING --------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER PERSON WITH 430,000 - Class B shares --------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,208,762 - Class B shares - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_| - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 6.1% of aggregate of Class A and Class B shares - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - -------------------------------------------------------------------------------- CUSIP No. 987434107 13G Page 4 of 7 Pages - -------------------------------------------------------------------------------- Item 1(a). Name of Issuer: Young Broadcasting Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 599 Lexington Avenue, New York, NY 10022 Item 2(a)-(c) Name, Address of Principal Business Office and Citizenship of Person Filing: This statement is being filed pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934 on behalf of the following reporting persons: (i) Vincent J. Young and (ii) Adam Young. The principal business office of each such person is c/o Young Broadcasting Inc., 599 Lexington Avenue, New York, New York 10022. Each such person is a United States Citizen. Attached as Exhibit A hereto is the Joint Filing Agreement, dated as of February 14, 1995, entered into among such persons pursuant to which it was agreed that this statement be filed on behalf of all of such persons. Item 2(d). Title of Class of Securities: The Class A common stock, $.001 par value, of the Issuer is registered pursuant to Section 12 of the Securities Act of 1933. In the event of the transfer of shares of the Class B common stock, $.001 par value, of the Issuer to any person, other than a member of the Management Group (as defined in the Issuer's Restated Certificate of Incorporation), said shares of Class B common stock shall automatically convert, effective as of the date of transfer thereof, into the same number of shares of Class A common stock. Except as otherwise provided in the Issuer's Restated Certificate of Incorporation, with respect to matters on which the stockholders of the Issuer shall be entitled to vote, each holder of Class A common stock shall be entitled to one (1) vote for each share of such stock held by such holder, and each holder of Class B common stock shall be entitled to ten (10) votes for each share of such stock held by such holder. Item 2(e). CUSIP Number: 987434107 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: Not Applicable. - -------------------------------------------------------------------------------- CUSIP No. 987434107 13G Page 5 of 7 Pages - -------------------------------------------------------------------------------- Item 4. Ownership. See items 5 through 9 and item 11 of the cover pages. Share totals for Vincent J. Young contained in items 5, 7 and 9 include 886,250 shares of Class B common stock underlying options granted pursuant to the Issuer's Amended and Restated 1995 Stock Option Plan (the "Plan"). Share totals for Adam Young contained in items 5, 7 and 9 include 27,000 shares of Class B common stock underlying options granted pursuant to the Plan. Item 5. Ownership of Five Percent or Less of a Class. Not Applicable. Item 6. Ownership of More Than Five Percent on Behalf of Another Person. There are other Persons known by the reporting persons to have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the securities reported in this statement. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not Applicable. Item 8. Identification and Classification of Members of the Group. Not Applicable. Item 9. Notice of Dissolution of Group. Not Applicable. Item 10. Certification. Not Applicable. - -------------------------------------------------------------------------------- CUSIP No. 987434107 13G Page 6 of 7 Pages - -------------------------------------------------------------------------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 14, 2003, as of December 31, 2002 /s/ Vincent J. Young ------------------------------------------- Vincent J. Young /s/ Adam Young ------------------------------------------- Adam Young - -------------------------------------------------------------------------------- CUSIP No. 987434107 13G Page 7 of 7 Pages - -------------------------------------------------------------------------------- EXHIBIT A JOINT FILING AGREEMENT The undersigned hereby agree that the statement on Schedule 13G with respect to the shares of Class A Common Stock, $.001 Par Value, of Young Broadcasting Inc., dated February 14, 1995, as of December 31, 1994, is, and any amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(f) under the Securities Exchange Act of 1934. Dated: February 14, 1995 /s/ Vincent J. Young ---------------------------------------------- Vincent J. Young /s/ Adam Young ---------------------------------------------- Adam Young -----END PRIVACY-ENHANCED MESSAGE-----