-----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, T22jutVQSt1VuTkdde5dsE9JO17F5jThD9Un81dCkyml1lbvMLBg+KxOeOjj+Mld lUNZBC880WCr3OGr+HAx1A== 0001209191-06-025744.txt : 20060427 0001209191-06-025744.hdr.sgml : 20060427 20060427143545 ACCESSION NUMBER: 0001209191-06-025744 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060425 FILED AS OF DATE: 20060427 DATE AS OF CHANGE: 20060427 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LIGGINS ALFRED C CENTRAL INDEX KEY: 0001221506 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25969 FILM NUMBER: 06784610 BUSINESS ADDRESS: STREET 1: 5900 PRINCESS GARDEN PKSY STREET 2: 7TH FLOOR CITY: LANHAM STATE: MD ZIP: 20706 BUSINESS PHONE: 3013061111 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RADIO ONE INC CENTRAL INDEX KEY: 0001041657 STANDARD INDUSTRIAL CLASSIFICATION: RADIO BROADCASTING STATIONS [4832] IRS NUMBER: 521166660 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5900 PRINCESS GARDEN PARKWAY STREET 2: 8TH FL CITY: LANHAM STATE: MD ZIP: 20706 BUSINESS PHONE: 3013061111 MAIL ADDRESS: STREET 1: 5900 PRINCESS GARDEN PARKWAY STREET 2: 8TH FL CITY: LANHAM STATE: MD ZIP: 20706 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2006-04-25 0 0001041657 RADIO ONE INC ROIA/ROIAK 0001221506 LIGGINS ALFRED C 5900 PRINCESS GARDEN PARKWAY LANHAM MD 20706 1 1 1 0 President and CEO Variable Prepaid Forward Sale Contract 2006-04-25 4 J 0 1 D 2008-04-25 Class D Common Stock 375000 1 I See footnotes On April 25, 2006, the Reporting Person, through the Alfred C. Liggins, III Revocable Trust (the "Revocable Trust") of which Mr. Liggins is the trustee and sole beneficiary, entered into a variable prepaid forward contract (the "Contract") for 375,000 shares of Class D common stock held by the Revocable Trust with a financial institution. Upon the expiration of the 24-month term of the Contract the Reporting Person will be required to either deliver to the financial institution a number of shares determined by the share price at the Contract's maturity date or to settle the contract with a cash payment. Subject to a minimum and maximun delivery obligation, the number of shares deliverable will depend upon the closing price of the Class D common stock on the maturity date of the Contract. The minimum number of shares deliverable will be 312,500 and the maximum will be 375,000 shares. The execution price of the transaction was $7.5445 per share and the reporting person received an aggregate amount of $2,496,757.97. The Revocable Trust owns 4,814,581 shares of Radio One, Inc. Class D common stock. Mr. Liggins is the trustee and sole beneficiary of the Revocable Trust. Linda J. Eckard Vilardo Attorney-in-fact 2006-04-26 -----END PRIVACY-ENHANCED MESSAGE-----