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
- ----------------------------------------------------------------------------------------------------------------------------------- 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) 2 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
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ----------------------------------------------------------------------------------------------------------------------------------- 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 - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------------------------- 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 --- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------------------