-----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, Ng8feVcHWyHB3hf1l/AX0zUDn8RrAnfoDgj3pvd+ghtJ6UMEiYCi/BeM36RhDO/f W5IbVLB2xBSF3nPKIsaEAg== 0000897204-06-000060.txt : 20060427 0000897204-06-000060.hdr.sgml : 20060427 20060427171604 ACCESSION NUMBER: 0000897204-06-000060 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060427 DATE AS OF CHANGE: 20060427 GROUP MEMBERS: HEARST HOLDINGS INC GROUP MEMBERS: THE HEARST FAMILY TRUST GROUP MEMBERS: THE HEARST HOLDINGS CORPORATION FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HEARST BROADCASTING INC CENTRAL INDEX KEY: 0001052746 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 959 EIGHTH AVE CITY: NEW YORK STATE: NY ZIP: 10019 MAIL ADDRESS: STREET 1: 959 8TH AVE CITY: NEW YORK STATE: NY ZIP: 10019 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HEARST ARGYLE TELEVISION INC CENTRAL INDEX KEY: 0000949536 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 742717523 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-45627 FILM NUMBER: 06786174 BUSINESS ADDRESS: STREET 1: 888 SEVENTH AVE CITY: NEW YORK STATE: NY ZIP: 10106 BUSINESS PHONE: 2128876800 MAIL ADDRESS: STREET 1: 888 SEVENTH AVENUE STREET 2: 27TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10106 FORMER COMPANY: FORMER CONFORMED NAME: ARGYLE TELEVISION INC DATE OF NAME CHANGE: 19951006 SC 13D/A 1 hearst13d.txt AMENDMENT NO. 47 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (AMENDMENT NO. 47) HEARST-ARGYLE TELEVISION, INC. (Name of Issuer) SERIES A COMMON STOCK (Title of Class of Securities) 422317 10 7 (CUSIP Number) Eve B. Burton The Hearst Corporation 959 Eighth Avenue New York, New York 10019 (212) 649-2045 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) Copy to: Kathleen L. Werner, Esq. Clifford Chance US LLP 31 West 52nd Street New York, New York 10019 (212) 878-8000 April 24, 2006 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. |_| Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (Continued on following pages) - -------------------------------- CUSIP No. 422317 10 7 13D - -------------------------------- ============ =================================================================== 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON HEARST BROADCASTING, INC. - ------------ ------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| (b)|_| - ------------ ------------------------------------------------------------------- 3. SEC USE ONLY - ------------ ------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------ ------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - ------------ ------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------- ------- ---------------------------------------------- 7. NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------- ---------------------------------------------- 8. SHARED VOTING POWER 67,566,039 ------- ---------------------------------------------- 9. SOLE DISPOSITIVE POWER ------- ---------------------------------------------- 10. SHARED DISPOSITIVE POWER 67,566,039 - ------------ ------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 67,566,039 - ------------ ------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 72.2% - ------------ ------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO ============ =================================================================== - -------------------------------- CUSIP No. 422317 10 7 13D - -------------------------------- ============ =================================================================== 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON HEARST HOLDINGS, INC. - ------------ ------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| (b)|_| - ------------ ------------------------------------------------------------------- 3. SEC USE ONLY - ------------ ------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------ ------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - ------------ ------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------- ------- ---------------------------------------------- 7. NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------- ---------------------------------------------- 8. SHARED VOTING POWER 67,566,039 ------- ---------------------------------------------- 9. SOLE DISPOSITIVE POWER ------- ---------------------------------------------- 10. SHARED DISPOSITIVE POWER 67,566,039 - ------------ ------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 67,566,039 - ------------ ------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 72.2% - ------------ ------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO ============ =================================================================== - -------------------------------- CUSIP No. 422317 10 7 13D - -------------------------------- ============ =================================================================== 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THE HEARST CORPORATION - ------------ ------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| (b)|_| - ------------ ------------------------------------------------------------------- 3. SEC USE ONLY - ------------ ------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------ ------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - ------------ ------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION DELAWARE - ------------------------- ------- ---------------------------------------------- 7. NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------- ---------------------------------------------- 8. SHARED VOTING POWER 67,566,039 ------- ---------------------------------------------- 9. SOLE DISPOSITIVE POWER ------- ---------------------------------------------- 10. SHARED DISPOSITIVE POWER 67,566,039 - ------------ ------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 67,566,039 - ------------ ------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 72.2% - ------------ ------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON CO ============ =================================================================== - -------------------------------- CUSIP No. 422317 10 7 13D - -------------------------------- ============ =================================================================== 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON THE HEARST FAMILY TRUST - ------------ ------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)|_| (b)|_| - ------------ ------------------------------------------------------------------- 3. SEC USE ONLY - ------------ ------------------------------------------------------------------- 4. SOURCE OF FUNDS WC - ------------ ------------------------------------------------------------------- 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| - ------------ ------------------------------------------------------------------- 6. CITIZENSHIP OR PLACE OF ORGANIZATION CALIFORNIA - ------------------------- ------- ---------------------------------------------- 7. NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH ------- ---------------------------------------------- 8. SHARED VOTING POWER 67,566,039 ------- ---------------------------------------------- 9. SOLE DISPOSITIVE POWER ------- ---------------------------------------------- 10. SHARED DISPOSITIVE POWER 67,566,039 - ------------ ------------------------------------------------------------------- 11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 67,566,039 - ------------ ------------------------------------------------------------------- 12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------ ------------------------------------------------------------------- 13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 72.2% - ------------ ------------------------------------------------------------------- 14. TYPE OF REPORTING PERSON OO (Testamentary Trust) ============ =================================================================== 7 SCHEDULE 13D This Amendment No. 47 on Schedule 13D (the "Schedule 13D") relating to shares of Series A Common Stock, $0.01 par value per share ("Series A Common Stock"), of Hearst-Argyle Television, Inc., a Delaware corporation (the "Issuer"), is being filed jointly by The Hearst Corporation, a Delaware corporation ("Hearst"), Hearst Holdings, Inc., a Delaware corporation ("Hearst Holdings") and wholly-owned subsidiary of Hearst, Hearst Broadcasting, Inc., a Delaware corporation ("Hearst Broadcasting") and wholly-owned subsidiary of Hearst Holdings, and The Hearst Family Trust, a testamentary trust (the "Trust," and together with Hearst, Hearst Holdings and Hearst Broadcasting, the "Reporting Persons"), and supplements and amends the statement on Schedule 13D originally filed with the Commission on April 4, 1997 (as amended, the "Statement"). Item 3. Source and Amount of Funds or Other Consideration. The aggregate amount of funds used by Hearst Broadcasting to acquire the shares reported in Item 5(c) was $11,879,054.00. Hearst Broadcasting used its working capital to make such purchases. Item 4. Purpose of Transaction. Hearst Broadcasting purchased additional Securities, as reported in Item 5(c) of this Statement, in order to increase its equity interest in the Issuer. See also Item 6. Item 5. Interest in Securities of the Issuer. (a) and (b) As of April 24, 2006, the Reporting Persons owned 25,281,260 shares of Series A Common Stock of the Issuer, 41,298,648 shares of Series B Common Stock and 500,000 of the Series B Preferred Securities (collectively, the "Securities"). Each share of Series B Common Stock of the Issuer is immediately convertible into one share of Series A Common Stock of the Issuer. Therefore, the 41,298,648 shares of Series B Common Stock owned directly by Hearst Broadcasting represent, if converted, 41,298,648 shares of Series A Common Stock of the Issuer. Each of the Series B Preferred Securities are convertible at the option of Hearst Broadcasting into Series B Subordinated Debentures, on a share-for-share basis. Thereafter, the Series B Subordinated Debentures are required under the terms thereof to be converted into 986,131 shares of Series A Common Stock. Under the definition of "beneficial ownership" as set forth in Rule 13d-3 of the Exchange Act, Hearst Broadcasting, Hearst Holdings, Hearst and the Trust are deemed to have beneficial ownership of each of the combined 67,566,039 shares of the Securities. The Trust, as the owner of all of Hearst's issued and outstanding common stock, may be deemed to have the power to direct the voting of and disposition of the Securities. Hearst, as the owner of all of Hearst Holdings' issued and outstanding common stock, may be deemed to have the power to direct the voting of and disposition of the Securities. Hearst Holdings, as the owner of all of Hearst Broadcasting's issued and outstanding common stock, may be deemed to have the power to direct the voting of and disposition of the Securities. As a result, Hearst Broadcasting, Hearst Holdings, Hearst and the Trust may be deemed to share the power to direct the voting of and the disposition of the Securities. The Securities constitute approximately 72.2% of the combined shares of Series A Common Stock and Series B Common Stock outstanding of the Issuer, based on the number of outstanding shares as of March 17, 2006, as per the Schedule 14A filed with the Securities and Exchange Commission on April 4, 2006, and assuming conversion of the Series B Preferred Securities owned by the Reporting Persons. (c) Since filing Amendment No. 46 to the Statement, Hearst Broadcasting has made the following purchases of Series A Common Stock of the Issuer pursuant to open-market transactions: Date # of Shares Price per Share ($) Cost ($) - ------------- ------------------- --------------------------- ------------------ 3/21/2006 100 23.4600 2,346.00 3/21/2006 400 23.4700 9,388.00 3/21/2006 200 23.5000 4,700.00 3/21/2006 100 23.5100 2,351.00 3/21/2006 200 23.5200 4,704.00 3/21/2006 400 23.5300 9,412.00 3/21/2006 500 23.5400 11,770.00 3/21/2006 900 23.5500 21,195.00 3/21/2006 100 23.5800 2,358.00 3/21/2006 700 23.6000 16,520.00 3/21/2006 300 23.6200 7,086.00 3/21/2006 300 23.6300 7,089.00 3/21/2006 5,700 23.6400 134,748.00 3/21/2006 6,900 23.6500 163,185.00 3/21/2006 500 23.6600 11,830.00 3/21/2006 1,000 23.6700 23,670.00 3/21/2006 1,700 23.6800 40,256.00 3/21/2006 300 23.6900 7,107.00 3/22/2006 800 23.7000 18,960.00 3/22/2006 100 23.7100 2,371.00 3/22/2006 800 23.7200 18,976.00 3/22/2006 100 23.7300 2,373.00 3/22/2006 100 23.7400 2,374.00 3/22/2006 1,600 23.7500 38,000.00 3/22/2006 2,900 23.8100 69,049.00 3/23/2006 100 23.7400 2,374.00 3/23/2006 500 23.7500 11,875.00 3/23/2006 100 23.7900 2,379.00 3/23/2006 600 23.8000 14,280.00 3/23/2006 1,600 23.8700 38,192.00 3/23/2006 1,900 23.9000 45,410.00 3/23/2006 6,700 23.9100 160,197.00 3/28/2006 85,500 23.5000 2,009,250.00 3/29/2006 100 23.1500 2,315.00 3/29/2006 300 23.1800 6,954.00 3/29/2006 900 23.2000 20,880.00 3/29/2006 100 23.2100 2,321.00 3/29/2006 200 23.2200 4,644.00 3/29/2006 900 23.2300 20,907.00 3/29/2006 300 23.2400 6,972.00 3/29/2006 500 23.2500 11,625.00 3/29/2006 2,600 23.2600 60,476.00 3/29/2006 900 23.2700 20,943.00 3/29/2006 1,400 23.2800 32,592.00 3/29/2006 900 23.2900 20,961.00 3/29/2006 2,500 23.3000 58,250.00 3/29/2006 4,100 23.3100 95,571.00 3/29/2006 500 23.3200 11,660.00 3/29/2006 1,200 23.3300 27,996.00 3/29/2006 700 23.3500 16,345.00 3/29/2006 800 23.3600 18,688.00 3/29/2006 100 23.3700 2,337.00 3/30/2006 300 23.3000 6,990.00 3/30/2006 500 23.3200 11,660.00 3/30/2006 500 23.3300 11,665.00 3/30/2006 2,800 23.3400 65,352.00 3/30/2006 2,100 23.3500 49,035.00 3/30/2006 400 23.3600 9,344.00 3/30/2006 300 23.3700 7,011.00 3/30/2006 200 23.3800 4,676.00 3/30/2006 400 23.3900 9,356.00 3/30/2006 200 23.4000 4,680.00 3/30/2006 100 23.4300 2,343.00 3/31/2006 800 23.3400 18,672.00 3/31/2006 600 23.3500 14,010.00 3/31/2006 200 23.3600 4,672.00 3/31/2006 1,900 23.3700 44,403.00 3/31/2006 2,100 23.3800 49,098.00 3/31/2006 100 23.4500 2,345.00 3/31/2006 200 23.4600 4,692.00 3/31/2006 200 23.4700 4,694.00 3/31/2006 400 23.4800 9,392.00 4/3/2006 200 23.1700 4,634.00 4/3/2006 100 23.2100 2,321.00 4/3/2006 500 23.2200 11,610.00 4/3/2006 900 23.2300 20,907.00 4/3/2006 1,400 23.2400 32,536.00 4/3/2006 1,300 23.2500 30,225.00 4/3/2006 500 23.2900 11,645.00 4/3/2006 8,300 23.3000 193,390.00 4/3/2006 3,500 23.3100 81,585.00 4/3/2006 500 23.3200 11,660.00 4/3/2006 500 23.3400 11,670.00 4/3/2006 200 23.3600 4,672.00 4/3/2006 100 23.3800 2,338.00 4/4/2006 300 23.1000 6,930.00 4/4/2006 100 23.1200 2,312.00 4/4/2006 400 23.1300 9,252.00 4/4/2006 900 23.1400 20,826.00 4/4/2006 400 23.1500 9,260.00 4/4/2006 600 23.1700 13,902.00 4/4/2006 100 23.1800 2,318.00 4/4/2006 400 23.2000 9,280.00 4/4/2006 300 23.2700 6,981.00 4/4/2006 1,600 23.2900 37,264.00 4/4/2006 5,100 23.3100 118,881.00 4/4/2006 2,700 23.3200 62,964.00 4/4/2006 700 23.3300 16,331.00 4/4/2006 600 23.3400 14,004.00 4/4/2006 800 23.3500 18,680.00 4/5/2006 8,300 23.1000 191,730.00 4/5/2006 5,700 23.1100 131,727.00 4/5/2006 1,100 23.1200 25,432.00 4/5/2006 100 23.1300 2,313.00 4/5/2006 1,600 23.1400 37,024.00 4/5/2006 100 23.1500 2,315.00 4/5/2006 1,100 23.1600 25,476.00 4/6/2006 12,000 23.1800 278,160.00 4/7/2006 100 22.9400 2,294.00 4/7/2006 500 22.9800 11,490.00 4/7/2006 500 22.9900 11,495.00 4/7/2006 4,000 23.0000 92,000.00 4/7/2006 2,400 23.0100 55,224.00 4/7/2006 1,300 23.0200 29,926.00 4/7/2006 200 23.0300 4,606.00 4/7/2006 500 23.0400 11,520.00 4/7/2006 200 23.0500 4,610.00 4/7/2006 500 23.0600 11,530.00 4/7/2006 600 23.0700 13,842.00 4/7/2006 300 23.0800 6,924.00 4/7/2006 200 23.0900 4,618.00 4/7/2006 200 23.1000 4,620.00 4/7/2006 1,900 23.1100 43,909.00 4/7/2006 600 23.1200 13,872.00 4/7/2006 100 23.1300 2,313.00 4/7/2006 700 23.1400 16,198.00 4/10/2006 100 23.0300 2,303.00 4/10/2006 200 23.1200 4,624.00 4/10/2006 300 23.1300 6,939.00 4/10/2006 100 23.1600 2,316.00 4/10/2006 100 23.1700 2,317.00 4/10/2006 100 23.1900 2,319.00 4/10/2006 300 23.2300 6,969.00 4/10/2006 500 23.2400 11,620.00 4/10/2006 400 23.2600 9,304.00 4/10/2006 2,300 23.2700 53,521.00 4/10/2006 2,800 23.2800 65,184.00 4/10/2006 1,000 23.2900 23,290.00 4/10/2006 500 23.3000 11,650.00 4/11/2006 1,100 23.1600 25,476.00 4/11/2006 400 23.1700 9,268.00 4/11/2006 200 23.1800 4,636.00 4/11/2006 400 23.1900 9,276.00 4/11/2006 10,900 23.2000 252,880.00 4/11/2006 3,400 23.2100 78,914.00 4/11/2006 800 23.2200 18,576.00 4/11/2006 200 23.2300 4,646.00 4/11/2006 200 23.2400 4,648.00 4/11/2006 100 23.2500 2,325.00 4/12/2006 168,000 23.5000 3,948,000.00 4/13/2006 300 23.3400 7,002.00 4/17/2006 100 23.1500 2,315.00 4/17/2006 1,000 23.1600 23,160.00 4/17/2006 700 23.1700 16,219.00 4/17/2006 200 23.1800 4,636.00 4/17/2006 800 23.1900 18,552.00 4/17/2006 900 23.2000 20,880.00 4/17/2006 300 23.2100 6,963.00 4/17/2006 400 23.2200 9,288.00 4/17/2006 1,100 23.2300 25,553.00 4/17/2006 1,000 23.2400 23,240.00 4/17/2006 600 23.2600 13,956.00 4/17/2006 800 23.2700 18,616.00 4/17/2006 200 23.2800 4,656.00 4/17/2006 400 23.2900 9,316.00 4/17/2006 300 23.3000 6,990.00 4/17/2006 100 23.3100 2,331.00 4/18/2006 800 23.0700 18,456.00 4/18/2006 1,700 23.0800 39,236.00 4/18/2006 100 23.0900 2,309.00 4/18/2006 800 23.1200 18,496.00 4/18/2006 100 23.1300 2,313.00 4/18/2006 800 23.1400 18,512.00 4/18/2006 300 23.1500 6,945.00 4/18/2006 200 23.1600 4,632.00 4/18/2006 800 23.1700 18,536.00 4/18/2006 4,500 23.1800 104,310.00 4/18/2006 500 23.1900 11,595.00 4/18/2006 1,100 23.2000 25,520.00 4/18/2006 1,300 23.2100 30,173.00 4/18/2006 200 23.2200 4,644.00 4/18/2006 1,100 23.2300 25,553.00 4/18/2006 1,500 23.2400 34,860.00 4/18/2006 100 23.2500 2,325.00 4/18/2006 200 23.2600 4,652.00 4/19/2006 400 22.9400 9,176.00 4/19/2006 900 22.9500 20,655.00 4/19/2006 400 22.9700 9,188.00 4/19/2006 7,400 22.9800 170,052.00 4/19/2006 1,800 23.0000 41,400.00 4/19/2006 900 23.0100 20,709.00 4/19/2006 100 23.0200 2,302.00 4/19/2006 200 23.0400 4,608.00 4/19/2006 1,100 23.0500 25,355.00 4/19/2006 200 23.0600 4,612.00 4/19/2006 200 23.0700 4,614.00 4/19/2006 400 23.0800 9,232.00 4/19/2006 300 23.0900 6,927.00 4/19/2006 1,200 23.1000 27,720.00 4/20/2006 400 23.0300 9,212.00 4/20/2006 200 23.0400 4,608.00 4/20/2006 500 23.0500 11,525.00 4/20/2006 300 23.0800 6,924.00 4/20/2006 100 23.1000 2,310.00 4/20/2006 200 23.1200 4,624.00 4/20/2006 300 23.1500 6,945.00 4/20/2006 1,300 23.1600 30,108.00 4/20/2006 100 23.1700 2,317.00 4/20/2006 400 23.1800 9,272.00 4/20/2006 300 23.1900 6,957.00 4/20/2006 1,300 23.2000 30,160.00 4/20/2006 800 23.2100 18,568.00 4/20/2006 100 23.2200 2,322.00 4/20/2006 300 23.2300 6,969.00 4/20/2006 600 23.2400 13,944.00 4/20/2006 700 23.2500 16,275.00 4/21/2006 100 22.9000 2,290.00 4/21/2006 100 22.9100 2,291.00 4/21/2006 100 22.9400 2,294.00 4/21/2006 200 22.9500 4,590.00 4/21/2006 400 22.9900 9,196.00 4/21/2006 3,600 23.0000 82,800.00 4/21/2006 300 23.0100 6,903.00 4/21/2006 2,300 23.0200 52,946.00 4/21/2006 10,100 23.0300 232,603.00 4/21/2006 1,900 23.0400 43,776.00 4/21/2006 1,300 23.0500 29,965.00 4/24/2006 9,700 22.8500 221,645.00 4/24/2006 100 22.8800 2,288.00 4/24/2006 100 22.8800 2,288.00 508,200 11,879,054.00 Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer. In May 1998, the Board of Directors of Hearst approved the purchase from time to time by Hearst Broadcasting of up to ten million shares of the Issuer through open market purchases, privately negotiated transactions or otherwise. On December 8, 1999, the Board of Directors of Hearst approved the purchase from time to time by Hearst Broadcasting of up to fifteen million shares of the Issuer (inclusive of the ten million shares previously authorized). On December 6, 2000, Hearst's Board approved the purchase from time to time by Hearst Broadcasting of up to 20 million shares of the Issuer (inclusive of the fifteen million shares previously authorized). On September 23, 2005, the Board of Directors of Hearst approved the purchase from time to time by Hearst Broadcasting of up to 25 million shares of the Issuer (inclusive of the 20 million shares previously authorized). Hearst Broadcasting's transactions under its program, for which the authorization remains active, are reported elsewhere in this Schedule. In May 1998, the Issuer's Board of Directors authorized the repurchase of up to $300 million of Series A Common Stock, such repurchases to be effected from time to time in the open market or in private transactions, subject to market conditions and management's discretion. There can be no assurance that Hearst Broadcasting or the Issuer will continue to repurchase shares in the future or, if either of them does so, what the terms of such repurchases will be. However, to the extent that both Hearst Broadcasting and the Issuer decide to purchase shares of Series A Common Stock on any single day, they are required to aggregate their purchases and to use a single broker/dealer pursuant to Rule 10b-18 under the Securities Exchange Act of 1934, as amended. Accordingly, they have agreed that any such purchases on that day will be divided between them equally. 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: April 27, 2006 HEARST BROADCASTING, INC. By: /s/ Eve B. Burton -------------------------------------------------- Name: Eve B. Burton Title: Vice President 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: April 27, 2006 HEARST HOLDINGS, INC. By: /s/ Eve B. Burton ------------------------------------------------- Name: Eve B. Burton Title: Vice President 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: April 27, 2006 THE HEARST CORPORATION By: /s/ Eve B. Burton -------------------------------------------------- Name: Eve B. Burton Title: Vice President 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: April 27, 2006 THE HEARST FAMILY TRUST By: /s/ Victor F. Ganzi -------------------------------------------------- Name: Victor F. Ganzi Title: Trustee -----END PRIVACY-ENHANCED MESSAGE-----