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ENTRAVISION COMMUNICATIONS CORP — Director's Dealing 2009
Mar 30, 2009
33642_dirs_2009-03-30_f1dcf71d-9b87-4a1b-81b1-2943b77e4f61.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ENTRAVISION COMMUNICATIONS CORP (EVC)
CIK: 0001109116
Period of Report: 2009-03-26
Reporting Person: UNIVISION COMMUNICATIONS INC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-03-26 | Class U Common Stock | J | 6300000 | $0.35 | Disposed | 9352729 | Direct |
Footnotes
F1: The Class U Common Stock is convertible into Class A Common Stock on a one-for-one basis in connection with a transfer of such stock to a third party that is not an affiliate of Univision.
F2: The 6,300,000 shares of Class U Common Stock which were converted into 6,300,000 shares of Class A Common Stock (the ?Purchased Shares?) were purchased by Thomas Weisel Partners LLC (?TWP?) pursuant to that certain Stock Purchase Agreement by and between Univision and TWP entered into as of March 26, 2009 (the ?Agreement?).
F3: Under the terms of the Agreement, over a period following the date of the Agreement, Univision may be entitled to receive or may be required to pay, an amount based upon the net proceeds from the sale of the Purchased Shares by TWP.