0001437749-16-027483.txt : 20160311
0001437749-16-027483.hdr.sgml : 20160311
20160311162409
ACCESSION NUMBER: 0001437749-16-027483
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160308
FILED AS OF DATE: 20160311
DATE AS OF CHANGE: 20160311
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPEEDWAY MOTORSPORTS INC
CENTRAL INDEX KEY: 0000934648
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-RACING, INCLUDING TRACK OPERATION [7948]
IRS NUMBER: 510363307
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: US HIGHWAY 29 NORTH
STREET 2: PO BOX 600
CITY: CONCORD
STATE: NC
ZIP: 28026
BUSINESS PHONE: 7044553239
MAIL ADDRESS:
STREET 1: US HIGHWAY 29 NORTH
STREET 2: P O BOX 600
CITY: CONCORD
STATE: NC
ZIP: 28026-0600
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SMITH MARCUS G
CENTRAL INDEX KEY: 0001170912
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13582
FILM NUMBER: 161501058
MAIL ADDRESS:
STREET 1: 5555 CONCORD PARKWAY SOUTH
CITY: CONCORD
STATE: NC
ZIP: 28027
4
1
rdgdoc.xml
FORM 4
X0306
4
2016-03-08
0000934648
SPEEDWAY MOTORSPORTS INC
TRK
0001170912
SMITH MARCUS G
5555 CONCORD PARKWAY SOUTH
CONCORD
NC
28027
1
1
1
Chief Executive Officer
Common Stock
2016-03-08
4
D
0
6363
0
D
187363
D
Common Stock
2016-03-08
4
F
0
5238
18.96
D
182125
D
Common Stock
2016-03-08
4
A
0
35000
0
A
217125
D
Common Stock
29000000
I
See Footnote 4
Represents the forfeiture of restricted stock units granted pursuant to the Speedway Motorsports, Inc. 2013 Stock Incentive Plan.
Represents shares delivered by the reporting person to Speedway Motorsports, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock units.
Represents shares of Common Stock issuable upon conversion of restricted stock units granted by the Compensation Committee of Speedway Motorsports, Inc. pursuant to the Speedway Motorsports, Inc. 2013 Stock Incentive Plan. The restricted stock units may only be settled in shares of Common Stock and are subject to forfeiture based on the satisfaction of performance criteria for fiscal year 2016.
The reported securities are held by Sonic Financial Corporation ("SFC"), a North Carolina corporation of which Mr. Smith is a stockholder and executive officer, and OBS Holdings, LLC ("Holdings"), a North Carolina limited liability company of which Mr. Smith is a member and manager. Mr. Smith disclaims beneficial ownership of the Speedway Motorsports, Inc. common stock held by SFC and Holdings, except to the extent of his pecuniary interest therein.
/s/ J. Cary Tharrington IV
2016-03-10