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FORM 4 OMB Approval
UNITED STATES SECURITIES AND EXCHANGE COMMISSION -------------------------
[ ] Check this box if no longer WASHINGTON, D.C. 20549 OMB Number: 3235-0287
subject to Section 16. Form Expires: September 30, 1998
4 or Form 5 obligations may STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Estimated average burden
continue. See Instruction 1(b). hours per response....... 0.5
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
(Print or Type Responses)
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1.Name and Address of Reporting Person*| 2. Issuer Name and Ticker or Trading Symbol |6. Relationship of Reporting Person(s)
| | to Issuer (Check all applicable)
Daniel W. Colson | Hollinger International Inc. - BLR | X Director 10% Owner
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(Last) (First) (Middle) | 3. IRS or Social | 4. Statement for | X Officer (give title below)
| Security Number | | -----
c/o Hollinger International Inc. | of Reporting | | Other (specify below)
401 North Wabash, Suite 740 | Person (Voluntary) | Month/Year | -----
| | May 1999 | Vice Chairman
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(Street) | | 5. If Amendment, |7. Individual or Joint/Group Filing
| | Date of Original | (Check Applicable Line)
| | (Month/Year) | X Form filed by One Reporting Person
| | | --
| | | Form filed by More than One
Chicago, IL 60611 | | | Reporting Person
| | | --
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(City) (State) (Zip) | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security | 2. Transaction| 3. Transaction| 4. Securities Acquired(A)| 5. Amount of|6. Owner |7. Nature
(Instr. 3) | Date | Code | or Disposed of (D) | Securities | -ship | of
| | (Instr. 8) | (Instr. 3, 4 and 5) | Beneficially| Form: | Indirect
| | | | Owned at End| Direct | Bene-
| |---------------|--------------------------| of Month | (D) or | ficial
| | | | | (A) | | (Instr. 3 | Indirect| Owner-
|(Month/Day/ | | | | or | | and 4) | (I) | ship
| Year) | Code | V | Amount | (D) | Price | |(Instr.4)|(Instr.4)
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
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- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
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- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
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- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
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- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
- ---------------------------------------|---------------|-------|-------|--------|------|----------|-------------|---------|---------
| | | | | | | | |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474(7-97)
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FORM 4 (CONTINUED) 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 Derivative | 2. Conver- |3. Trans- |4. Trans- |5. Number of |6. Date Exer- |7. Title and Amount |8. Price
Security | sion or | action | action | Derivative | cisable and | of Underlying | of
(Instr. 3) | Exercise | Date | Code | Securities Ac- | Expiration | Securities | Deriv-
| Price of | | (Instr. 8)| quired (A) or | Date | (Instr. 3 and 4) | ative
| Deriv- | (Month/| | Disposed of (D)| (Month/Day/ | | Secur-
| ative | Day/ | | (Instr. 3, 4, | Year) | | ity
| Security | Year) | | and 5) | | | (Instr. 5)
| | | | |-------------------------------------|
| | | | |Date |Expira- | | Amount or |
| | |-------------------------------|Exer- |tion | Title | Number of |
| | | Code |V | (A) |(D) |cisable|Date | | Shares |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
Series II Exchangeable | (1) | 5/13/99 | J(1) | | (2) | |Immed. | |Class A | (2) |
Non-Voting Preference | | | | | | | | |Common | |
Shares of Hollinger Inc.| | | | | | | | |Stock | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
- ------------------------|-------------|----------|-------|----|--------|---------|-------|--------|--------|-----------|------------
| | | | | | | | | | |
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9. Number of | 10. Ownership | 11. Nature of
Derivative | Form of | Indirect
Securities | Derivative | Beneficial
Beneficially | Security: | Ownership
Owned at End | Direct (D) | (Instr. 4)
of Month | or Indirect (I) |
(Instr. 4) | (Instr. 4) |
- ------------------|------------------------|------------------------------
(1) | D |
- ------------------|------------------------|------------------------------
| |
- ------------------|------------------------|------------------------------
| |
- ------------------|------------------------|------------------------------
| |
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| |
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| |
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Explanation of Responses:
(1) See Note 1 on Attachment A, attached hereto and incorporated herein by this
reference.
(2) See Note 2 on Attachment A, attached hereto and incorporated herein by this
reference.
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
By: /s/ Daniel W. Colson 6/7/99
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- -------
**Signature of Reporting Person Date
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this
form are not required to respond unless the form displays a currently valid OMB Number.
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ATTACHMENT A
Notes to Form 4
Name and Address of Reporting Person:
Daniel W. Colson
c/o Hollinger International Inc.
401 North Wabash, Suite 740
Chicago, Illinois 60611
Issuer Name and Ticker of Trading Symbol:
Hollinger International Inc./HLR
Statement for Month/Year:
May 1999
Explanations:
(1) Beginning on May 13, 1999, each Series II Exchangeable Non-Voting
Preference Share (a "Series II Preference Share") of the Issuer's parent,
Hollinger Inc., became exchangeable, at the option of the holder, for 0.46
(subject to adjustment) shares of Class A Common Stock of the Issuer
(subject to a cash redemption option available to Hollinger Inc.) and
entitled its holder to receive a dividend equal to the Canadian dollar
equivalent of the amount of any dividend on 0.46 of a Class A Common Share
of the Issuer (less any U.S. withholding tax thereon payable by Hollinger
Inc. or any subsidiary thereof). The Series II Preference Shares were
originally issued in 1997 and 1998 in exchange for Equity Units of
Hollinger Inc. and for Series I Non-Voting Preference Shares of Hollinger
Inc., respectively, at a stated value of $10.00 per share.
(2) As a result of the Transaction described in Note 1, as of May 13, 1999
Daniel W. Colson directly owned 442,800 Series II Preference Shares,
creating a call equivalent position with respect to 203,688 shares of the
Issuer's Class A Common Stock.
