SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D/A
(RULE 13d-101)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)*
Children's Broadcasting Corporation
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
168755-20-5
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(CUSIP Number)
Jill J. Theis, Esq.
Children's Broadcasting Corporation
5501 Excelsior Boulevard
Minneapolis, MN 55416
(612) 925-8840
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 25, 1999
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(Date of Event which Requires Filing
of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
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*The remainder of this cover page shall be filed out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continued on following page(s))
Page 1 of 3
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<TABLE>
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CUSIP No. 168755-20-5 13D Page 2 of 3 Pages
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<S> <C> <C> <C> <C>
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Christopher T. Dahl
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
P/F
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(D) OR
2(E) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
1,048,382
NUMBER OF -----------------------------------------------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 22,500
EACH -----------------------------------------------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 1,048,382
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10 SHARED DISPOSITIVE POWER
22,500
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,070,882
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.8%
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14 TYPE OF REPORTING PERSON*
IN
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</TABLE>
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
The Reporting Person hereby amends his statements on this Schedule 13D
originally filed on January 10, 1997, as amended on October 23, 1998, December
3, 1998 and April 14, 1999 with respect to his beneficial ownership of shares of
Common Stock, par value $.02 per share, of Children's Broadcasting Corporation,
a Minnesota corporation (the "Issuer"). Items 1, 3 and 5 of this Schedule 13D
are hereby amended as follows:
Item 1: Security and Issuer
The Name of the Issuer is Children's Broadcasting Corporation and the
address of its principal office is 5501 Excelsior Boulevard, Minneapolis,
Minnesota 55416. The title of the class of equity security to which this
statement relates is Common Stock.
Item 3: Source and Amount of Funds or Other Consideration
The Reporting Person purchased shares of Common Stock on the open
market using personal funds.
Item 5: Interest in Securities of the Issuer
(a) As of the date of this Schedule 13D, the Reporting Person
beneficially owned 1,070,882 shares of Common Stock
constituting approximately 15.8% of outstanding Common Stock
of the Issuer.
(b) The Reporting Person has the sole power to vote or to direct
the vote and the sole power to dispose or to direct the
disposition of 1,048,382 shares of Common Stock of the Issuer
reported herein. The Reporting Person has shared power to vote
or to direct the vote and shared power to dispose or to direct
the disposition of 22,500 shares of Common Stock of the Issuer
reported herein.
(c) On April 5, 1999, the Reporting Person purchased 10,000 shares
on the open market using personal funds at $1.69 per share and
10,000 shares on the open market using personal funds at $1.72
per share. On June 25, 1999, the Reporting Person purchased
50,000 shares on the open market using personal funds at $2.00
per share.
(d) Not applicable.
(e) Not applicable.
SIGNATURE
After reasonable inquiring and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Dated: June 29, 1999
/s/ Christopher T. Dahl
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Christopher T. Dahl
Chairman of the Board, President and
Chief Executive Officer of Children's
Broadcasting Corporation
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