<PAGE> 1
- ------
FORM 4
- ------
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
/ / CHECK BOX IF NO
LONGER SUBJECT TO Filed pursuant to Section 16(a) of the Securities
SECTION 16. FORM 4 Exchange Act of 1934, Section 17(a) of the
OR FORM 5 OBLIGATIONS Public Utility Holding Company Act of 1935
MAY CONTINUE. SEE or Section 30(f) of the Investment Company
INSTRUCTION 1(b). Act of 1940
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to
Diller, Barry USA Networks, Inc. (USAi) Issuer (Check all applicable)
- --------------------------------------------- ---------------------------------------------- X Director 10% Owner
(Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- ---
1 HSN Drive Number of Reporting Month/Year X Officer (give Other (Specify
- --------------------------------------------- Person, November, 1998 ---- title --- below)
(Street) (Voluntary) ------------------ below)
St. Petersburg, FL 33729 5. If Amendment, Chairman of the Board and Chief
- --------------------------------------------- Date of Original Executive Officer
(City) (State) (Zip) (Month/Year)
------------------- -------------------------------------
7. Individual or Joint/Group Filing
(Check applicable line)
X Form filed by one
---- Reporting Person
Form filed by more than
---- one Reporting Person
- -----------------------------------------------------------------------------------------------------------------------------------
TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- -----------------------------------------------------------------------------------------------------------------------------------
1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
- -----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value
per share 11/12/1998 M V 980,000 A 9.4445 || D ---
- ----------------------------------------------------------------------------------------------||-----------------------------------
||
Common Stock, $.01 par value \/
per share 11/12/1998 S V 864,000 D 24.5000 116,000 I *
- -----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value
per share 11/19/1998 G V 60,000 D 27.8750 -0- N/A** N/A
- -----------------------------------------------------------------------------------------------------------------------------------
Common Stock, $.01 par value
per share N/A N/A N/A N/A N/A N/A 913,976 I *
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
(Print or Type Response)
</TABLE>
<PAGE> 2
<TABLE>
<CAPTION>
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<S> <C> <C> <C> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------------
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 Expiration Securities Deriv-
Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative
Deriv- Day/ 8) or Disposed (Month/Day/ Secur-
ative Year) of (D) Year) ity
Security (Instr. 3, (Instr. 5)
4, and 5) -----------------------------------
Date Expira- Amount or
---------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
- -----------------------------------------------------------------------------------------------------------------------------------
Stock Option 11/24 11/24 Common
(Right to Buy) 9.4445 11/12/1998 M V 980,000 1996 2005 Stock 980,000
- -----------------------------------------------------------------------------------------------------------------------------------
Stock Option 08/24 08/24 Common
(Right to Buy) 11.3125 N/A N/A N/A N/A 1996 2005 Stock 3,791,694
- -----------------------------------------------------------------------------------------------------------------------------------
Stock Option 11/27 11/27 Common
(Right to Buy) 15.3750 N/A N/A N/A N/A 1996 2005 Stock 1,250,000
- -----------------------------------------------------------------------------------------------------------------------------------
Stock Option 10/20 10/20 Common
(Right to Buy) 19.3125 N/A N/A N/A N/A 1996 2005 Stock 9,500,000
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
<S> <C> <C> <C>
1. Title of Derivative 9. Number of 10. Ownership 11. Nature of
Security Derivative Form of Indirect
(Instr. 3) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
- -------------------------------------------------------------------------------------------------------
Stock Option
(Right to Buy) 7,997,500 D ---
- -------------------------------------------------------------------------------------------------------
Stock Option
(Right to Buy) 2,843,770 D ---
- -------------------------------------------------------------------------------------------------------
Stock Option
(Right to Buy) 937,500 D ---
- -------------------------------------------------------------------------------------------------------
Stock Option
(Right to Buy) 2,375,000 D ---
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------
</TABLE>
Explanation of Responses:
* These shares are held indirectly by the following entities: Ranger
Investments, L.P. (1,029,954 shares), BDTV II, Inc. (8 shares), BDTV III,
Inc. (8 shares) and BDTV IV, Inc. (6 Shares).
** Reporting person disclaims beneficial ownership of certain shares held by
The Diller Foundation.
/S/ BARRY DILLER 12/10/98
-------------------------------- --------
***Signature of Reporting Person Date
***Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(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.
Potential persons who are to respond to the collection of information in this
form are not required to respond unless the form displays a currently valid
OMB Number.
Page 2
