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FORM 4 OMB APPROVAL
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OMB Number: 3235-0287
[ ] Check this box if no longer subject to Section 16. Expires: Sept. 30, 1998
Form 4 or Form 5 obligations may continue. See Est. avg. burden
Instructions 1(b) hours per response 0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person
to Issuer
(Check all applicable)
ALLEN PAUL G. HSN, Inc. (HSNI) X Director X 10% Owner
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for Officer (give Other (specify
Number of Reporting Month/Year --- title --- below)
110 110th Avenue, N.E., Suite 550 Person (Voluntary) July 1997 below)
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(Street) 5. If Amendment. -----------------------------------
Date of Original 7. Individual or Joint/Group Filing
(Month/Year) (Check applicable line)
Form filed by one Reporting
X Person
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Form filed by More than One
Reporting Person
Bellevue Washington 98004 ---
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(City) (State) (Zip) Table 1--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired(A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form Direct
Owned at Direct Bene-
(Instr. 8) End of (D) or ficial
(Month/ Month Indirect Owner-
Day/ ------------------------------------- (Instr. 3 and (I) ship
Year) Code V Amount (A) or Price 4) (Instr. (Instr.
(D) 4) 4)
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Common Stock 7/17/97 P 7,238,507 A * 7,411,007* D
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* If the Form is filed by other than one Reporting Person use Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly
(Print or Type Response)
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FORM 4
TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. TITLE OF 2. CONVER- 3. TRANS- 4. TRANSAC- 5. NUMBER OF 6. DATE EXER- 7. TITLE AND AMOUNT
DERIVATIVE SION OR ACTION TION CODE DERIVATIVE CISABLE AND OF UNDERLYING
SECURITY EXERCISE DATE (INSTR. 8) SECURITIES EXPIRATION SECURITIES
(INSTR. 3) PRICE OF (MONTH/ ACQUIRED (A) DATE (MONTH/ (INSTR. 3 AND 4
DERIV- DAY/ OR DISPOSED OF DAY/YEAR)
ATIVE YEAR) (D) (INSTR. 3,
SECURITY 4, AND 5)
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DATE EXPIRA- AMOUNT OR
EXER- TION TITLE NUMBER OF
CISABLE DATE SHARES
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CODE V (A) (D)
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8. PRICE 9. NUMBER 10. OWNER- 11. NA-
OF OF DERIV- SHIP TURE
DERIV- ATIVE SECUR- FORM OF IN-
ATIVE ITIES OF DE- DIRECT
SECUR- BENE- RIVATIVE BENE-
ITY FICIALLY SECU- FICIAL
INSTR. OWNED RITY: OWN-
5) AT END DIRECT ERSHIP
OF (D) OR (INSTR. 4)
MONTH INDI-
(INSTR. 4) RECT (I)
(INSTR. 4)
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Explanation of Responses:
* On May 20, 1997, Paul G. Allen entered into a Stock Exchange Agreement with
HSN, Inc. (the "Stock Exchange Agreement") pursuant to which HSN, Inc. agreed,
among other things, to acquire from Mr. Allen 12,283,014 shares of common
stock, no par value, of Ticketmaster Group, Inc. ("Ticketmaster Stock") in
exchange for 7,238,507 shares of common stock, $.01 par value, of HSN, Inc.
("HSNi Common Stock"), subject to the possible issuance to Mr. Allen of up to
3,257,328 additional shares of HSNi Common Stock in August 1998 if the average
market price of the HSNi Common Stock over cetain periods prior to such time
is below $29 per share. In addition, Mr. Allen previously purchased 172,500
shares of HSNi Common Stock through open market transactions from February
20, 1997 through March 5, 1997. Upon the consummation of the first closing
on July 17, 1997, Mr. Allen owns 7,411,007 shares of HSNi Common Stock.
Paul G. Allen
/s/ William D. Savoy July 24, 1997
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**Signature of Reporting Person Date
William D. Savoy,
Attorney-in-Fact of Paul G. Allen
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 7811(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
