Sec Form 4 Filing - KING LUTHER CAPITAL MANAGEMENT CORP @ BEASLEY BROADCAST GROUP INC - 2012-03-19

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KING LUTHER CAPITAL MANAGEMENT CORP
2. Issuer Name and Ticker or Trading Symbol
BEASLEY BROADCAST GROUP INC [ BBGI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
301 COMMERCE SUITE 1600,
3. Date of Earliest Transaction (MM/DD/YY)
03/19/2012
(Street)
FORT WORTH, TX76102
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/19/2012 S 4,718 D $ 4.2557 791,053 I See fotnote ( 1 )
Class A Common Stock 03/20/2012 S 2,377 D $ 4.1677 788,676 I See footnote ( 1 )
Class A Common Stock 03/21/2012 S 100 D $ 4.21 788,576 I See footnote ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KING LUTHER CAPITAL MANAGEMENT CORP
301 COMMERCE SUITE 1600
FORT WORTH, TX76102
X
LKCM Private Discipline Master Fund, SPC
PO BOX 309GT
UGLAND HOUSE, SOUTH CHURCH STREET
GRAND CAYMAN, E900000
X
LKCM Investment Partnership, L.P.
301 COMMERCE STREET
SUITE 1600
FORT WORTH, TX76102
X
King Luther Jr
301 COMMERCE STREET
SUITE 1600
FORT WORTH, TX76102
X
King John Bryan
301 COMMERCE STREET
SUITE 1600
FORT WORTH, TX76102
X
Signatures
J. Luther King, Jr., for Luther King Capital Management Corporation 03/21/2012
Signature of Reporting Person Date
J. Bryan King, for LKCM Private Discipline Master Fund, SPC 03/21/2012
Signature of Reporting Person Date
J. Luther King, Jr., for LKCM Investment Partnership, L.P. 03/21/2012
Signature of Reporting Person Date
J. Luther King, Jr. 03/21/2012
Signature of Reporting Person Date
J. Bryan King 03/21/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents securities held by LKCM Private Discipline Master Fund, SPC (PDP) and LKCM Investment Partnership, L.P. (LIP). LKCM Private Discipline Management, L.P. (PDP Management) is the holder of management shares of PDP. LKCM Alternative Management, LLC (LKCM Alternative) is the general partner of PDP Management. LKCM Capital Group, LLC is the sole member of LKCM Alternative. LKCM Investment Partnership GP, LLC (LIP GP) is the general partner of LIP. J. Luther King, Jr. and J. Bryan King are controlling members of LKCM Capital Group, LLC. J. Luther King, Jr. is a controlling member of LIP GP. Luther King Capital Management Corporation is the investment manager for PDP and LIP, and J. Luther King, Jr. is a controlling shareholder of LKCM. Each of the reporting persons disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein.

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