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BEASLEY BROADCAST GROUP INC Director's Dealing 2008

Dec 8, 2008

35229_dirs_2008-12-08_4e9e2a99-15d1-4747-b4aa-e787612bd812.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BEASLEY BROADCAST GROUP INC (BBGI)
CIK: 0001099160
Period of Report: 2008-12-05

Reporting Person: BEASLEY GEORGE G (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-12-05 Class A Common Stock P 7235 $1.79 Acquired 25000 Indirect
2008-12-05 Class A Common Stock P 1000 $1.80 Acquired 36244 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-12-05 Class B Common Stock $ P 420265 Acquired Class A Common Stock (420265) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Class A Comon Stock 1096 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Class B Common Stock $ Class A Common Stock (117166) 117166 Direct
Class B Common Stock $ Class A Common Stock (7377840) 7377840 Indirect
Class B Common Stock $ Class A Common Stock (5245682) 5245682 Indirect
Class B Common Stock $ Class A Common Stock (692972) 692972 Indirect
Class B Common Stock $ Class A Common Stock (81038) 81038 Indirect
Class B Common Stock $ Class A Common Stock (296736) 296736 Indirect

Footnotes

F1: By George G. Beasley as Trustee of the George G. Beasley Revocable Living Trust, dated May 26, 2006, as amended.

F2: By George Beasley as Trustee of the REB Florida Intangible Tax Trust, dated August 20, 2004.

F3: Class B common stock converts to Class A common stock on a one-for-one basis.

F4: This column is not applicable to this transaction.

F5: By George G. Beasley as Trustee of the George G. Beasley Grantor Retained Annuity Trust #4, dated November 21, 2008.

F6: By George G. Beasley as Trustee of the GGB Family Limited Partnership Florida Intangible Tax Trust.

F7: By George G. Beasley as Trustee of the George G. Beasley Grantor Retained Annuity Trust #2, dated June 19, 2006.

F8: George G. Beasley is the sole shareholder of GGB Family Enterprises, Inc.