-----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, A3DVptDuO5kaGdEvSpjDsenVvoFEGtW5FvI1JUdAvBXq0mbtX+K7wGsrh86c5RBS WTtagXcz4JkUB56dVg41gw== 0001169232-08-001599.txt : 20080407 0001169232-08-001599.hdr.sgml : 20080407 20080407165701 ACCESSION NUMBER: 0001169232-08-001599 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080407 DATE AS OF CHANGE: 20080407 GROUP MEMBERS: HEARST HOLDINGS, INC. GROUP MEMBERS: THE HEARST CORPORATION GROUP MEMBERS: THE HEARST FAMILY TRUST 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: 08743472 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 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: 300 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2126492025 MAIL ADDRESS: STREET 1: 300 WEST 57TH STREET CITY: NEW YORK STATE: NY ZIP: 10019 SC 13D/A 1 sc13da.htm

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. 61)

 

 

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

300 West 57th Street

New York, New York 10019

(212) 649-2045

(Name, Address and Telephone Number of Person

Authorized to Receive Notices and Communications)

Copy to:

Richard D. Pritz, Esq.

Kathleen L. Werner, Esq.

Clifford Chance US LLP

31 West 52nd Street

New York, New York 10019

(212) 878-8000

 

 

April 3, 2008

(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. o

 

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)o

(b)o

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)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

8.

SHARED VOTING POWER

72,369,957

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

72,369,957

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

72,369,957

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

76.3%

14.

TYPE OF REPORTING PERSON

CO

 

 

3

 



 

 

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)o

(b)o

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)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

8.

SHARED VOTING POWER

72,369,957

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

72,369,957

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

72,369,957

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

76.3%

14.

TYPE OF REPORTING PERSON

CO

 

 

4

 



 

 

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)o

(b)o

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)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

8.

SHARED VOTING POWER

72,369,957

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

72,369,957

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

72,369,957

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

76.3%

14.

TYPE OF REPORTING PERSON

CO

 

 

5

 



 

 

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)o

(b)o

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)

o

6.

CITIZENSHIP OR PLACE OF ORGANIZATION

 

CALIFORNIA

 

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH

7.

SOLE VOTING POWER

 

 

8.

SHARED VOTING POWER

72,369,957

 

9.

SOLE DISPOSITIVE POWER

 

 

10.

SHARED DISPOSITIVE POWER

72,369,957

11.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

72,369,957

12.

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES

o

13.

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

76.3%

14.

TYPE OF REPORTING PERSON

OO (Testamentary Trust)

 

 

6

 



 

 

SCHEDULE 13D

This Amendment No. 61 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"). Amendments No. 51 through 55 were filed as part of a Schedule TO-T, originally filed on September 14, 2007, and amended on September 20, 2007, September 25, 2007, October 3, 2007 and October 15, 2007.

Item 2. Identity and Background.

 

Item 2 is amended as follows:

 

Schedule I hereto sets forth the name, business address and present principal occupation or employment and address of any corporation or other organization in which such employment is conducted, for each of the directors and executive officers of Hearst, Hearst Holdings and Hearst Broadcasting and the trustees of the Trust. Schedule I also sets forth the citizenship of each of the directors and executive officers of Hearst, Hearst Holdings and Hearst Broadcasting and the trustees of the Trust.

 

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 $10,620,877. Hearst Broadcasting used its working capital and the working capital of one or more of its affiliates 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 3, 2008, the Reporting Persons owned 30,085,178 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 one-for-one basis. Following such conversion, 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 the Securities and the underlying Series A Common Stock. 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

 

7

 



 

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. If Hearst Broadcasting were to convert all of its convertible Securities, Hearst Broadcasting would own an approximately 76.3% ownership interest in the Issuer (on a fully diluted basis) based on the combined number of 93,903,564 outstanding shares of Class A Common Stock and Class B Common Stock reported by the Issuer as being outstanding as of March 21, 2008, as per the definitive proxy statement filed by the Issuer with the Securities and Exchange Commission on April 4, 2008.

 

(c) Since filing Amendment No. 60 to the Statement, Hearst Broadcasting purchased 504,470 shares of Series A Common Stock of the Issuer pursuant to open-market purchases conducted under a “written plan for trading securities” within the meaning of Rule 10b5-1 promulgated under the Securities and Exchange Act of 1934, as amended. Further details regarding these purchases are set forth below.

Date

# of Shares

Price
per Share ($)

Cost ($)

3/11/2008

1,100

21.22

23,342.00

3/11/2008

2,000

21.23

42,460.00

3/11/2008

3,400

21.25

72,250.00

3/11/2008

3,400

21.26

72,284.00

3/11/2008

4,600

21.27

97,842.00

3/11/2008

4,000

21.28

85,120.00

3/11/2008

2,000

21.29

42,580.00

3/11/2008

5,500

21.30

117,150.00

 

 

 

 

3/12/2008

200

21.11

4,222.00

3/12/2008

2,000

21.13

42,260.00

3/12/2008

1,000

21.17

21,170.00

3/12/2008

3,900

21.43

83,577.00

3/12/2008

7,600

21.44

162,944.00

3/12/2008

4,100

21.45

87,945.00

3/12/2008

800

21.46

17,168.00

3/12/2008

2,000

21.47

42,940.00

3/12/2008

2,400

21.48

51,552.00

3/12/2008

1,000

21.50

21,500.00

3/12/2008

1,000

21.52

21,520.00

 

 

 

 

3/13/2008

18,600

21.30

396,180.00

3/13/2008

1,400

21.40

29,960.00

3/13/2008

5,700

21.44

122,208.00

3/13/2008

300

21.45

6,435.00

 

 

8

 



 

 

 

3/14/2008

100

21.02

2,102.00

3/14/2008

300

21.05

6,315.00

3/14/2008

200

21.06

4,212.00

3/14/2008

300

21.08

6,324.00

3/14/2008

200

21.09

4,218.00

3/14/2008

100

21.10

2,110.00

3/14/2008

100

21.11

2,111.00

3/14/2008

100

21.13

2,113.00

3/14/2008

400

21.14

8,456.00

3/14/2008

600

21.15

12,690.00

3/14/2008

400

21.16

8,464.00

3/14/2008

900

21.17

19,053.00

3/14/2008

200

21.18

4,236.00

3/14/2008

200

21.19

4,238.00

3/14/2008

200

21.20

4,240.00

3/14/2008

100

21.23

2,123.00

3/14/2008

200

21.24

4,248.00

3/14/2008

2,300

21.25

48,875.00

3/14/2008

200

21.26

4,252.00

3/14/2008

300

21.27

6,381.00

3/14/2008

1,600

21.28

34,048.00

3/14/2008

500

21.29

10,645.00

3/14/2008

500

21.30

10,650.00

3/14/2008

300

21.31

6,393.00

3/14/2008

1,500

21.32

31,980.00

3/14/2008

500

21.33

10,665.00

3/14/2008

200

21.34

4,268.00

3/14/2008

300

21.35

6,405.00

3/14/2008

100

21.36

2,136.00

3/14/2008

1,100

21.38

23,518.00

3/14/2008

300

21.39

6,417.00

3/14/2008

6,000

21.40

128,400.00

3/14/2008

100

21.41

2,141.00

3/14/2008

5,100

21.43

109,293.00

3/14/2008

100

21.55

2,155.00

3/14/2008

400

21.65

8,660.00

 

 

9

 



 

 

 

 

 

 

 

3/17/2008

300

20.85

6,255.00

3/17/2008

2,200

20.87

45,914.00

3/17/2008

4,700

20.90

98,230.00

3/17/2008

2,200

20.91

46,002.00

3/17/2008

2,500

20.92

52,300.00

3/17/2008

7,800

20.93

163,254.00

3/17/2008

3,500

20.94

73,290.00

3/17/2008

10,500

20.95

219,975.00

3/17/2008

2,000

20.96

41,920.00

3/17/2008

2,000

20.98

41,960.00

3/17/2008

2,500

21.00

52,500.00

 

 

 

 

3/18/2008

12,600

21.00

264,600.00

3/18/2008

2,000

21.09

42,180.00

3/18/2008

2,000

21.10

42,200.00

3/18/2008

4,000

21.11

84,440.00

3/18/2008

5,000

21.12

105,600.00

3/18/2008

2,600

21.13

54,938.00

 

 

 

 

3/19/2008

400

21.07

8,428.00

3/19/2008

69

21.09

1,455.21

3/19/2008

1,700

21.10

35,870.00

3/19/2008

300

21.11

6,333.00

3/19/2008

200

21.12

4,224.00

3/19/2008

700

21.14

14,798.00

3/19/2008

800

21.15

16,920.00

3/19/2008

700

21.16

14,812.00

3/19/2008

900

21.17

19,053.00

3/19/2008

300

21.18

6,354.00

3/19/2008

1,300

21.19

27,547.00

3/19/2008

1,500

21.20

31,800.00

3/19/2008

1,100

21.21

23,331.00

3/19/2008

1,701

21.22

36,095.22

3/19/2008

1,000

21.23

21,230.00

3/19/2008

100

21.25

2,125.00

 

 

10

 



 

 

 

3/19/2008

300

21.26

6,378.00

3/19/2008

500

21.27

10,635.00

3/19/2008

300

21.28

6,384.00

3/19/2008

700

21.29

14,903.00

3/19/2008

300

21.30

6,390.00

3/19/2008

500

21.31

10,655.00

3/19/2008

300

21.32

6,396.00

3/19/2008

600

21.33

12,798.00

3/19/2008

1,800

21.34

38,412.00

3/19/2008

900

21.35

19,215.00

3/19/2008

1,100

21.36

23,496.00

3/19/2008

500

21.38

10,690.00

3/19/2008

200

21.39

4,278.00

3/19/2008

200

21.43

4,286.00

3/19/2008

100

21.44

2,144.00

3/19/2008

500

21.45

10,725.00

3/19/2008

900

21.46

19,314.00

3/19/2008

200

21.47

4,294.00

3/19/2008

400

21.48

8,592.00

3/19/2008

100

21.49

2,149.00

3/19/2008

800

21.50

17,200.00

3/19/2008

500

21.51

10,755.00

3/19/2008

800

21.52

17,216.00

3/19/2008

1,500

21.53

32,295.00

 

 

 

 

3/20/2008

200

20.71

4,142.00

3/20/2008

200

20.72

4,144.00

3/20/2008

200

20.73

4,146.00

3/20/2008

700

20.75

14,525.00

3/20/2008

2,200

20.76

45,672.00

3/20/2008

900

20.77

18,693.00

3/20/2008

1,100

20.78

22,858.00

3/20/2008

1,400

20.79

29,106.00

3/20/2008

100

20.80

2,080.00

3/20/2008

900

20.81

18,729.00

3/20/2008

200

20.83

4,166.00

 

 

11

 



 

 

 

3/20/2008

200

20.89

4,178.00

3/20/2008

3,500

20.90

73,150.00

3/20/2008

1,600

20.91

33,456.00

3/20/2008

200

20.92

4,184.00

3/20/2008

1,400

20.95

29,330.00

3/20/2008

2,300

20.96

48,208.00

3/20/2008

1,200

20.97

25,164.00

3/20/2008

2,900

20.98

60,842.00

3/20/2008

2,800

20.99

58,772.00

3/20/2008

900

21.00

18,900.00

3/20/2008

1,000

21.01

21,010.00

3/20/2008

2,400

21.02

50,448.00

3/20/2008

500

21.04

10,520.00

3/20/2008

300

21.05

6,315.00

3/20/2008

200

21.06

4,212.00

3/20/2008

1,300

21.07

27,391.00

3/20/2008

600

21.16

12,696.00

3/20/2008

1,500

21.19

31,785.00

3/20/2008

1,800

21.22

38,196.00

3/20/2008

300

21.23

6,369.00

3/20/2008

1,500

21.24

31,860.00

 

 

 

 

3/24/2008

500

20.99

10,495.00

3/24/2008

1

21.00

21.00

3/24/2008

200

21.01

4,202.00

3/24/2008

100

21.03

2,103.00

3/24/2008

1,900

21.04

39,976.00

3/24/2008

2,000

21.08

42,160.00

3/24/2008

2,000

21.09

42,180.00

3/24/2008

2,000

21.10

42,200.00

3/24/2008

2,400

21.11

50,664.00

3/24/2008

3,400

21.15

71,910.00

3/24/2008

1,800

21.21

38,178.00

3/24/2008

2,000

21.23

42,460.00

3/24/2008

2,200

21.24

46,728.00

3/24/2008

4,099

21.25

87,103.75

 

 

12

 



 

 

 

 

 

 

 

3/25/2008

700

21.11

14,777.00

3/25/2008

2,000

21.13

42,260.00

3/25/2008

2,000

21.15

42,300.00

3/25/2008

100

21.16

2,116.00

3/25/2008

500

21.18

10,590.00

3/25/2008

200

21.20

4,240.00

3/25/2008

1,300

21.24

27,612.00

3/25/2008

200

21.26

4,252.00

3/25/2008

100

21.27

2,127.00

3/25/2008

2,000

21.30

42,600.00

3/25/2008

3,400

21.31

72,454.00

3/25/2008

4,000

21.32

85,280.00

3/25/2008

7,500

21.35

160,125.00

 

 

 

 

3/26/2008

100

21.00

2,100.00

3/26/2008

700

21.06

14,742.00

3/26/2008

1,000

21.07

21,070.00

3/26/2008

3,800

21.08

80,104.00

3/26/2008

200

21.09

4,218.00

3/26/2008

4,000

21.10

84,400.00

3/26/2008

1,400

21.12

29,568.00

3/26/2008

2,000

21.13

42,260.00

3/26/2008

6,000

21.15

126,900.00

3/26/2008

3,000

21.17

63,510.00

3/26/2008

1,900

21.23

40,337.00

 

 

 

 

3/27/2008

7,800

21.00

163,800.00

3/27/2008

5,000

21.04

105,200.00

3/27/2008

9,000

21.05

189,450.00

3/27/2008

3,100

21.12

65,472.00

3/27/2008

2,200

21.13

46,486.00

3/27/2008

2,000

21.14

42,280.00

3/27/2008

2,000

21.15

42,300.00

3/27/2008

700

21.18

14,826.00

 

 

 

 

 

 

13

 



 

 

 

3/28/2008

100

20.41

2,041.00

3/28/2008

600

20.42

12,252.00

3/28/2008

600

20.43

12,258.00

3/28/2008

200

20.49

4,098.00

3/28/2008

100

20.50

2,050.00

3/28/2008

200

20.51

4,102.00

3/28/2008

100

20.52

2,052.00

3/28/2008

100

20.58

2,058.00

3/28/2008

200

20.59

4,118.00

3/28/2008

400

20.60

8,240.00

3/28/2008

200

20.61

4,122.00

3/28/2008

200

20.64

4,128.00

3/28/2008

1,000

20.65

20,650.00

3/28/2008

2,000

20.66

41,320.00

3/28/2008

1,700

20.67

35,139.00

3/28/2008

1,100

20.68

22,748.00

3/28/2008

700

20.69

14,483.00

3/28/2008

3,000

20.70

62,100.00

3/28/2008

2,500

20.71

51,775.00

3/28/2008

200

20.72

4,144.00

3/28/2008

600

20.73

12,438.00

3/28/2008

100

20.74

2,074.00

3/28/2008

300

20.77

6,231.00

3/28/2008

400

20.78

8,312.00

3/28/2008

500

20.79

10,395.00

3/28/2008

100

20.80

2,080.00

3/28/2008

300

20.81

6,243.00

3/28/2008

900

20.91

18,819.00

3/28/2008

4,300

20.99

90,257.00

3/28/2008

10,000

21.00

210,000.00

3/28/2008

4,000

21.01

84,040.00

 

 

 

 

3/31/2008

100

20.44

2,044.00

3/31/2008

100

20.45

2,045.00

3/31/2008

500

20.46

10,230.00

3/31/2008

300

20.51

6,153.00

 

 

14

 



 

 

 

3/31/2008

300

20.52

6,156.00

3/31/2008

100

20.53

2,053.00

3/31/2008

400

20.54

8,216.00

3/31/2008

100

20.55

2,055.00

3/31/2008

1,100

20.56

22,616.00

3/31/2008

500

20.57

10,285.00

3/31/2008

3,000

20.58

61,740.00

3/31/2008

2,000

20.59

41,180.00

3/31/2008

1,100

20.60

22,660.00

3/31/2008

2,000

20.61

41,220.00

3/31/2008

7,500

20.62

154,650.00

3/31/2008

10,400

20.63

214,552.00

3/31/2008

2,600

20.65

53,690.00

 

 

 

 

4/1/2008

600

20.62

12,372.00

4/1/2008

2,900

20.63

59,827.00

4/1/2008

900

20.64

18,576.00

4/1/2008

2,000

20.65

41,300.00

4/1/2008

1,500

20.75

31,125.00

4/1/2008

2,500

20.76

51,900.00

4/1/2008

2,700

20.78

56,106.00

4/1/2008

1,800

20.79

37,422.00

4/1/2008

3,100

20.82

64,542.00

4/1/2008

9,600

20.83

199,968.00

4/1/2008

4,500

20.84

93,780.00

 

 

 

 

4/2/2008

2,100

20.78

43,638.00

4/2/2008

10,100

21.00

212,100.00

4/2/2008

200

21.06

4,212.00

4/2/2008

1,500

21.07

31,605.00

4/2/2008

900

21.10

18,990.00

4/2/2008

100

21.12

2,112.00

4/2/2008

600

21.14

12,684.00

4/2/2008

100

21.15

2,115.00

4/2/2008

700

21.16

14,812.00

4/2/2008

5,800

21.19

122,902.00

 

 

15

 



 

 

 

4/2/2008

10,000

21.20

212,000.00

 

 

 

 

4/3/2008

300

20.69

6,207.00

4/3/2008

600

20.70

12,420.00

4/3/2008

1,100

20.71

22,781.00

4/3/2008

1,700

20.72

35,224.00

4/3/2008

2,100

20.73

43,533.00

4/3/2008

300

20.74

6,222.00

4/3/2008

4,600

20.75

95,450.00

4/3/2008

1,500

20.76

31,140.00

4/3/2008

300

20.77

6,231.00

4/3/2008

4,300

20.78

89,354.00

4/3/2008

3,200

20.79

66,528.00

4/3/2008

5,600

20.80

116,480.00

4/3/2008

100

20.81

2,081.00

4/3/2008

100

20.82

2,082.00

4/3/2008

1,300

20.83

27,079.00

4/3/2008

2,000

20.85

41,700.00

4/3/2008

1,900

20.86

39,634.00

4/3/2008

300

20.90

6,270.00

TOTAL

 

504,470

 

$10,620,877.18

 

 

Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.

 

On December 5, 2007, the Board of Directors of Hearst approved the purchase from time to time by Hearst Broadcasting of up to 8 million shares of Series A Common Stock in open market and privately negotiated purchases in order to increase its ownership percentage in the Issuer to approximately 82% (on a fully-diluted basis) for U.S. federal income tax purposes. This authorization supersedes all remaining ability to purchase Series A Common Stock under previous authorizations.

If both Hearst Broadcasting and the Issuer decide to purchase Series A Common Stock on the same day, and do so pursuant to Rule 10b-18 under the Exchange Act, they have agreed to aggregate their purchases, to use a single broker/dealer and to divide any such purchases between them equally.

 

16

 



 

 

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 7, 2008

 

 

HEARST BROADCASTING, INC.

 

 

 

By:

/s/ James M. Asher_____________

 

Name:

James M. Asher

 

 

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 7, 2008

 

 

HEARST HOLDINGS, INC.

 

 

 

By:

/s/ James M. Asher_____________

 

Name:

James M. Asher

 

 

Title:

Senior 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 7, 2008

 

THE HEARST CORPORATION

 

 

 

By:

/s/ James M. Asher_____________

 

Name:

James M. Asher

 

 

Title:

Senior 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 7, 2008

 

 

THE HEARST FAMILY TRUST

 

 

 

By:

/s/ Victor F. Ganzi_____________

 

Name:

Victor F. Ganzi

 

 

Title:

Trustee

 

 

 

 

 



 

 

SCHEDULE I

INFORMATION REGARDING THE DIRECTORS AND

EXECUTIVE OFFICERS OF HEARST, HEARST BROADCASTING AND

HEARST HOLDINGS AND TRUSTEES OF THE HEARST FAMILY TRUST

Set forth in the table below is the name and the present principal occupation or employment of each director and executive officer of Hearst, Hearst Broadcasting and Hearst Holdings. Unless otherwise indicated, each person identified below is employed by Hearst Communications, Inc., an indirect, wholly-owned subsidiary of Hearst, and may perform services for Hearst or one of Hearst’s other wholly-owned subsidiaries. The principal business address of Hearst, Hearst Broadcasting, Hearst Holdings and Hearst Communications, Inc. and, unless otherwise indicated, each person identified below, is 300 West 57th Street, New York, New York 10019. The principal business address of the Trust is 888 Seventh Avenue, New York, New York 10106. Trustees of the Trust are identified by an asterisk ("*"). Unless otherwise indicated, all persons identified below are U.S. citizens.

 

Name

Present Office/Principal

Occupation or Employment

 

HEARST

 

George R. Hearst, Jr.*

 

Chairman of the Board, Director

 

Frank A. Bennack, Jr.* (1)

Vice Chairman of the Board, Chairman of Executive Committee, Director

 

 

Victor F. Ganzi*

President, Chief Executive Officer, Director

 

 

James M. Asher

Senior Vice President, Chief Legal and Development Officer, Director

 

 

Anissa B. Balson*

Director

 

 

David J. Barrett*

Director; President and Chief Executive Officer: Hearst-Argyle Television, Inc.

 

 

Cathleen P. Black

Senior Vice President, Director; President: Hearst Magazines Division, Hearst Communications, Inc.

 

 

Catherine A. Bostron

Secretary

 

 

Eve B. Burton

Vice President, General Counsel

 

 

John G. Conomikes* (1)

Director

 

 

Richard E. Deems* (1)

Director

 

 

Steven DeLorenzo

Vice President

 

 

 

 

 

 



 

 

 

Ronald J. Doerfler

Senior Vice President, Chief Financial Officer, Treasurer, Director

 

 

Alfredo Gatto

Vice President; Vice President and General Manager, Hearst Service Center Division, Hearst Communications, Inc.

 

 

George J. Green

Vice President; President: Hearst Magazines International Division, Hearst Communications, Inc.

 

 

Mark Hasson

Vice President-Finance

 

 

Austin Hearst

Director; Vice President: Hearst Entertainment Distribution Division, Hearst Entertainment, Inc.

 

 

John R. Hearst, Jr.*

Director

 

 

Stephen T. Hearst (2)

Director; Vice President: San Francisco Realties Division and Sunical Land & Livestock Division; Vice President, San Simeon Ranch Division, Hearst Holdings, Inc.; Vice President, West Coast Realties Division, Hearst Communications, Inc.

 

 

William R. Hearst, III* (3)

 

Steven A. Hobbs (4)

Director; Partner: Kleiner, Perkins, Caufield & Byers

 

Vice President; Executive Vice President: Hearst Business Media Group Administrative Division, Hearst Communications, Inc.

 

 

George B. Irish

 

 

David L. Kors

Senior Vice President, Director; President: Hearst Newspapers Division, Hearst Communications, Inc.

 

Vice President-Taxes

 

 

Harvey L. Lipton* (1)

Director

 

 

Richard P. Malloch

Vice President; President: Hearst Business Media Group Administrative Division, Hearst Communications, Inc.

 

 

Gilbert C. Maurer* (1)

Director

 

 

Mark F. Miller* (1)

Director

 

 

Bruce L. Paisner

 

 

 

Roger P. Paschke

 

Vice President; Executive Vice President: Hearst Entertainment and Syndication Group Administrative Division, Hearst Communications, Inc.

 

Vice President, Chief Investment Officer

 

 

 

 



 

 

 

Virginia Hearst Randt*

Director

 

 

Debra Shriver

Vice President

 

 

 

 

 

 

HEARST BROADCASTING

 

John G. Conomikes* (1)

President, Director

James M. Asher

Vice President

David J. Barrett*

Vice President, Director; President and Chief Executive Officer: Hearst-Argyle Television, Inc.

Eve B. Burton

Vice President

Ronald J. Doerfler

Vice President, Treasurer

Victor F. Ganzi*

Vice President, Director

Catherine A. Bostron

Secretary

Frank A. Bennack, Jr.* (1)

Director

George R. Hearst, Jr.*

Director

William R. Hearst, III* (3)

Director; Partner: Kleiner, Perkins, Caufield & Byers

Gilbert C. Maurer* (1)

Director

 

 

 

 

HEARST HOLDINGS

 

George R. Hearst, Jr.*

 

Chairman of the Board, Director

Frank A. Bennack, Jr.* (1)

Vice Chairman of the Board, Chairman of Executive Committee, Director

 

 

Victor F. Ganzi*

President, Chief Executive Officer, Director

 

 

James M. Asher

Senior Vice President, Chief Legal and Development Officer, Director

 

 

Anissa B. Balson*

Director

 

 

David J. Barrett*

Director; President and Chief Executive Officer: Hearst-Argyle Television, Inc.

 

 

Cathleen P. Black

Senior Vice President, Director; President: Hearst Magazines Division, Hearst Communications, Inc.

 

 

 

 



 

 

 

 

 

Catherine A. Bostron

Secretary

 

 

Eve B. Burton

Vice President, General Counsel

 

 

John G. Conomikes* (1)

Director

 

 

Richard E. Deems* (1)

Director

 

 

Steven DeLorenzo

Vice President

 

 

Ronald J. Doerfler

Senior Vice President, Chief Financial Officer, Treasurer, Director

 

 

Alfredo Gatto

Vice President; Vice President and General Manager, Hearst Service Center Division, Hearst Communications, Inc.

 

 

George J. Green

Vice President; President: Hearst Magazines International Division, Hearst Communications, Inc.

 

 

Mark Hasson

Vice President-Finance

 

 

Austin Hearst

Director; Vice President: Hearst Entertainment Distribution Division, Hearst Entertainment, Inc.

 

 

John R. Hearst, Jr.*

Director

 

 

Stephen T. Hearst (2)

Director; Vice President: San Francisco Realties Division and Sunical Land & Livestock Division, The Hearst Corporation; Vice President, San Simeon Ranch Division, Hearst Holdings, Inc.; Vice President, West Coast Realties Division, Hearst Communications, Inc.

 

 

William R. Hearst, III* (3)

 

Steven A. Hobbs (4)

Director; Partner: Kleiner, Perkins, Caufield & Byers

 

Vice President; Executive Vice President: Hearst Business Media Group Administrative Division, Hearst Communications, Inc.

 

 

George B. Irish

Senior Vice President, Director; President: Hearst Newspapers Division, Hearst Communications, Inc.

 

 

David L. Kors

 

Harvey L. Lipton* (1)

Vice President-Taxes

 

Director

 

 

 

 

 

 



 

 

 

Richard P. Malloch

Vice President; President: Hearst Business Media Group Administrative Division, Hearst Communications, Inc.

 

 

Gilbert C. Maurer* (1)

Director

 

 

Mark F. Miller* (1)

Director

 

 

Bruce L. Paisner

 

 

 

Roger P. Paschke

 

Vice President; Executive Vice President: Hearst Entertainment and Syndication Group Administrative Division, Hearst Communications, Inc.

 

Vice President, Chief Investment Officer

Virginia Hearst Randt*

Director

 

 

Debra Shriver

Vice President

 

 

 

 

 

 

 

 

 

 

 

_________________________________

(1)

Self-employed, non-employed or retired

(2)

5 Third Street

Suite 200

San Francisco, CA 94103

(3)

765 Market Street, #34D

San Francisco, CA 94103

(4)

Steven A. Hobbs is a dual U.S./U.K. citizen.

 

 

 

 

 

 

 

-----END PRIVACY-ENHANCED MESSAGE-----