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BEASLEY BROADCAST GROUP INC Director's Dealing 2016

Nov 14, 2016

35229_dirs_2016-11-14_82040219-eb95-4696-8734-e6a931826239.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BEASLEY BROADCAST GROUP INC (BBGI)
CIK: 0001099160
Period of Report: 2016-11-01

Reporting Person: Lee Bordes Revocable Trust (See Remarks)
Reporting Person: Peter A. Bordes Marital Trust (See Remarks)

Holdings (Non-Derivative)

Security Shares Ownership
Class A Common Stock 969140.813 Direct
Class A Common Stock 227497.81 Direct

Footnotes

F1: These securities are owned solely by the Lee Bordes Revocable Trust. The other reporting person 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.

F2: Includes 155,062.551 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.

F3: These securities are owned solely by the Peter A. Bordes Marital Trust. The other reporting person 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.

F4: Includes 36,399.655 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.