BOSTON OMAHA Corp — Director's Dealing 2020

Dec 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Yellowstone Acquisition Co (YSACU)
CIK: 0001823587
Period of Report: 2020-12-01

Reporting Person: Rozek Alexander Buffett (Director, Co-Chairman, Co-CEO, Co-Pres., 10% Owner)
Reporting Person: BOC Yellowstone LLC (Director, 10% Owner)
Reporting Person: BOC Yellowstone II LLC (10% Owner)
Reporting Person: BOSTON OMAHA Corp (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-01	Class B common stock, par value $0.0001 per share	$	J	194026	Disposed		Class A common stock, par value $0.0001 per share (194026)	Indirect

Footnotes

F1: The Class B common stock will automatically convert into the Issuer's Class A common stock at the time of the Issuer's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights, and has no expiration date.

F2: On December 1, 2020, the underwriters in the Issuer's initial public offering exercised their over-allotment option in part. BOC Yellowstone LLC directly held 468,750 shares of Class B common stock that were subject to forfeiture in the event the underwriters did not exercise their over-allotment option in full, and in connection with such partial exercise, on December 1, 2020 BOC Yellowstone LLC forfeited 194,026 shares of Class B common stock.

F3: 206,250 of the reported shares and their applicable underlying derivative securities are held directly by BOC Yellowstone II LLC and the remaining reported shares and underlying derivative securities are held directly by BOC Yellowstone LLC. BOC Yellowstone LLC is the sole managing member of BOC Yellowstone II LLC, and Adam K. Peterson and Alex B. Rozek are the managers of BOC Yellowstone LLC, which is owned by Boston Omaha Corporation. As such, they may be deemed to have or share beneficial ownership of the Class B common stock held directly by BOC Yellowstone LLC and BOC Yellowstone II LLC. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.