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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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FORM 4
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[ ] Check this box if no longer
subject to Section 16. Form
4 or Form 5 obligations may
continue. See Instruction
1(b).
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(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol
Garcia Juan A. Spanish Broadcasting System, Inc. (SBSA)
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(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for
Number of Reporting Month/Year
Person, if an entity
3191 Coral Way (Voluntary) March 2000
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(Street) 5. If Amendment,
Date of Original
Miami, FL 33145 (Month/Year)
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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. Trans- 3. Trans- 4. Securities Acquired (A)
(Instr. 3) action action or Disposed of (D)
Date Code (Instr. 3, 4 and 5)
(Instr. 8)
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(Month/
Day/
Year) Code V Amount (A) or Price
(D)
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<S> <C> <C> <C> <C> <C> <C>
Class A Common Stock 3/02/00 P 500 A $18.875
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Class A Common Stock 3/03/00 P 500 A $17.6875
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Class A Common Stock 3/06/00 P 1000 A $17.50
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6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
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X Officer (give Other (specify
--------- title below) --------- below)
Vice President of Finance and Strategic Planning
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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Form filed by More than One Reporting Person
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TABLE I-- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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5. Amount of 6. Owner- 7. Nature of Indirect Beneficial
Securities ship Ownership (Instr. 4)
Beneficially Form:
Owned at Direct
End of (D) or
Month Indirect
(Instr. 3 and (I)
4) (Instr. 4)
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<S> <C> <C>
D
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D
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3500(1) D
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(1) Includes 750 shares owned by reporting person indirectly through his spouse.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
4(b)(v).
(Over)
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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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<CAPTION>
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1. Title of Derivative Security 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exercisable and
(Instr. 3) sion or action action Derivative Expiration Date
Exercise Date Code Securities Ac- (Month/Day/ Year)
Price of (Month/ (Instr.8) quired (A) or
Deriv- Day/ Disposed of
ative Year) (D)
Security (Instr. 3, 4,
and 5)
Date Exer- Expiration
cisable Date
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Code V (A) (D)
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<S> <C> <C> <C> <C> <C>
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<CAPTION>
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7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Nature
Underlying Securities of of ship Form of In-
(Instr. 3 and 4) Deriv- Deriv- of De- direct
ative ative rivative Bene-
Secur- Secur- Secu- ficial
ity ities rity: Own-
(Instr. Bene- Direct ership
5) ficially (D) or (Instr.
Owned Indirect 4)
at End (I)
of (Instr. 4)
Month
(Instr. 4)
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Amount
or
Title Number
of Shares
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<S> <C> <C> <C> <C>
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Juan A. Garcia 4/7/00
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**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 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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