Edgar Filing: BEASLEY BROADCAST GROUP INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Lee Bordes 2013 GRAT #4

2. Date of Event Requiring Statement (Month/Day/Year)
11/01/2016

3. Issuer Name and Ticker or Trading Symbol
BEASLEY BROADCAST GROUP INC [BBGI]

(Last)

(First)

(Middle)

C/O CARTER LEDYARD & MILBURN LLP,Â TWO WALL STREET

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Remarks

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10005

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	56,603.334	D ⁽¹⁾ ⁽²⁾	Â
Class A Common Stock	103,547.007	D ⁽³⁾ ⁽⁴⁾	Â
Class A Common Stock	34,795.303	D ⁽⁵⁾ ⁽⁶⁾	Â
Class A Common Stock	127,089.047	D ⁽⁷⁾ ⁽⁸⁾	Â
Class A Common Stock	210,750.259	D ⁽⁹⁾ ⁽¹⁰⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Lee Bordes 2013 GRAT #4 C/O CARTER LEDYARD & MILBURN LLP TWO WALL STREET NEW YORK,Â NYÂ 10005	Â	Â	Â	See Remarks
Lee Bordes 2013 GRAT #5 C/O CARTER LEDYARD & MILBURN LLP TWO WALL STREET NEW YORK,Â NYÂ 10005	Â	Â	Â	See Remarks
Lee Bordes 2014 GRAT #4 C/O CARTER LEDYARD & MILBURN LLP TWO WALL STREET NEW YORK,Â NYÂ 10005	Â	Â	Â	See Remarks
Lee Bordes 2014 GRAT #6 C/O CARTER LEDYARD & MILBURN LLP TWO WALL STREET NEW YORK,Â NYÂ 10005	Â	Â	Â	See Remarks
Lee Bordes 2014 GRAT #7 C/O CARTER LEDYARD & MILBURN LLP TWO WALL STREET NEW YORK,Â NYÂ 10005	Â	Â	Â	See Remarks

Signatures

LEE BORDES 2013 GRAT #4 By: /s/ Stephen F. Lappert, as Trustee and as Attorney-in-Fact on behalf of Cristina Bordes, Trustee		11/10/2016
^**Signature of Reporting Person		Date
LEE BORDES 2013 GRAT #5 By: /s/ Stephen F. Lappert, as Trustee and as Attorney-in-Fact on behalf of Cristina Bordes, Trustee		11/10/2016
^**Signature of Reporting Person		Date
LEE BORDES 2014 GRAT #4 By: /s/ Stephen F. Lappert, as Trustee and as Attorney-in-Fact on behalf of Cristina Bordes, Trustee		11/10/2016
^**Signature of Reporting Person		Date
LEE BORDES 2014 GRAT #6 By: /s/ Stephen F. Lappert, as Trustee and as Attorney-in-Fact on behalf of Cristina Bordes, Trustee		11/10/2016
^**Signature of Reporting Person		Date
LEE BORDES 2014 GRAT #7 By: /s/ Stephen F. Lappert, as Trustee and as Attorney-in-Fact on behalf of Cristina Bordes, Trustee		11/10/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	These securities are owned solely by the Lee Bordes 2013 GRAT #4. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(2)	Includes 9,056.535 shares currently being held in escrow and subject to reduction in connection with the purchase price adjustment provisions of the Agreement and Plan of Merger, dated July 19, 2016 (the "Merger Agreement"), by and among Beasley Broadcast Group, Inc. (the "Issuer"), Greater Media, Inc., Beasley Media Group 2, Inc., an indirect wholly owned subsidiary of the Issuer, and Peter A. Bordes, Jr., as the stockholders' representative. The Reporting Person disclaims beneficial ownership of the shares held in escrow, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(3)	These securities are owned solely by the Lee Bordes 2013 GRAT #5. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(4)	Includes 16,567.523 shares currently being held in escrow and subject to reduction in connection with the purchase price adjustment provisions of the Merger Agreement. The Reporting Person disclaims beneficial ownership of the shares held in escrow, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(5)	These securities are owned solely by the Lee Bordes 2014 GRAT #4. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(6)	Includes 5,567.249 shares currently being held in escrow and subject to reduction in connection with the purchase price adjustment provisions of the Merger Agreement. The Reporting Person disclaims beneficial ownership of the shares held in escrow, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(7)	These securities are owned solely by the Lee Bordes 2014 GRAT #6. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(8)	Includes 20,334.250 shares currently being held in escrow and subject to reduction in connection with the purchase price adjustment provisions of the Merger Agreement. The Reporting Person disclaims beneficial ownership of the shares held in escrow, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(9)	These securities are owned solely by the Lee Bordes 2014 GRAT #7. Each of the other reporting persons disclaims beneficial ownership of these securities and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
(10)	Includes 33,720.046 shares currently being held in escrow and subject to reduction in connection with the purchase price adjustment provisions of the Merger Agreement. The Reporting Person disclaims beneficial ownership of the shares held in escrow, except to the extent of any pecuniary interest therein, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Â Remarks: AsÂ aÂ resultÂ ofÂ certainÂ agreementsÂ amongÂ theÂ ReportingÂ PersonsÂ andÂ certainÂ otherÂ shareholdersÂ ofÂ theÂ Issuer,Â theÂ ReportingÂ PersonsÂ mayÂ beÂ deemedÂ membersÂ ofÂ aÂ "group",Â withinÂ theÂ meaningÂ ofÂ RuleÂ 13d-5(b)(1)Â underÂ theÂ SecuritiesÂ ExchangeÂ ActÂ ofÂ 1934,Â asÂ amendedÂ (the"Â Act"),Â withÂ suchÂ otherÂ shareholders,Â thatÂ beneficiallyÂ ownsÂ moreÂ thanÂ 10%Â ofÂ theÂ ClassÂ AÂ CommonÂ StockÂ ofÂ theÂ Issuer.Â TheseÂ agreementsÂ areÂ describedÂ in,Â andÂ filedÂ asÂ exhibitsÂ to,Â theÂ ReportingÂ Persons'Â reportÂ onÂ ScheduleÂ 13DÂ filedÂ withÂ theÂ SecuritiesÂ ExchangeÂ CommissionÂ onÂ NovemberÂ 14,Â 2016.Â ThisÂ filingÂ isÂ beingÂ madeÂ asÂ aÂ precautionaryÂ matterÂ andÂ shallÂ notÂ beÂ deemedÂ anÂ admissionÂ thatÂ anyÂ ofÂ theÂ ReportingÂ PersonsÂ isÂ aÂ memberÂ ofÂ aÂ groupÂ orÂ subjectÂ toÂ theÂ reportingÂ requirementsÂ ofÂ SectionÂ 16Â ofÂ theÂ Act. ExhibitÂ List ExhibitÂ 24Â -Â PowerÂ ofÂ Attorney

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