1 - ------------------- ======================== FORM 4 OMB APPROVAL - ------------------- ------------------------ OMB Number: 3235-0287 [ ] Check this box if no longer subject to Section 16. Expires: Sept. 30, 1998 Form 4 or Form 5 obligations may continue. See Est. avg. burden Instructions 1(b) hours per response 0.5 ======================== U.S. SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 * If the Form is filed by other than one Reporting Person use Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly (Print or Type Response)
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 - ----------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to Issuer (Check all applicable) ALLEN PAUL G. HSN, Inc. (HSNI) X Director X 10% Owner - ---------------------------------------------------------------------------------------- --- --- (Last) (First) (Middle) 3. IRS or Social Security 4. Statement for Officer (give Other (specify Number of Reporting Month/Year --- title --- below) 110 110th Avenue, N.E., Suite 550 Person (Voluntary) July 1997 below) - ------------------------------------------ ---------------- (Street) 5. If Amendment. ----------------------------------- Date of Original 7. Individual or Joint/Group Filing (Month/Year) (Check applicable line) Form filed by one Reporting X Person --- Form filed by More than One Reporting Person Bellevue Washington 98004 --- - ------------------------------------------------------------------------------------------------------------------------------------ (City) (State) (Zip) Table 1--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired(A) 5. Amount of 6. Owner- 7. Nature (Instr. 3) action action or Disposed of (D) Securities ship of In- Date Code (Instr. 3, 4 and 5) Beneficially Form Direct Owned at Direct Bene- (Instr. 8) End of (D) or ficial (Month/ Month Indirect Owner- Day/ ------------------------------------- (Instr. 3 and (I) ship Year) Code V Amount (A) or Price 4) (Instr. (Instr. (D) 4) 4) - ------------------------------------------------------------------------------------------------------------------------------------ Common Stock 7/17/97 P 7,238,507 A * 7,411,007* D - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 2 FORM 4 TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------- 1. TITLE OF 2. CONVER- 3. TRANS- 4. TRANSAC- 5. NUMBER OF 6. DATE EXER- 7. TITLE AND AMOUNT DERIVATIVE SION OR ACTION TION CODE DERIVATIVE CISABLE AND OF UNDERLYING SECURITY EXERCISE DATE (INSTR. 8) SECURITIES EXPIRATION SECURITIES (INSTR. 3) PRICE OF (MONTH/ ACQUIRED (A) DATE (MONTH/ (INSTR. 3 AND 4 DERIV- DAY/ OR DISPOSED OF DAY/YEAR) ATIVE YEAR) (D) (INSTR. 3, SECURITY 4, AND 5) ----------------------------------------- DATE EXPIRA- AMOUNT OR EXER- TION TITLE NUMBER OF CISABLE DATE SHARES --------------------------------- CODE V (A) (D) - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------------------------- Explanation of Responses: * On May 20, 1997, Paul G. Allen entered into a Stock Exchange Agreement with HSN, Inc. (the "Stock Exchange Agreement") pursuant to which HSN, Inc. agreed, among other things, to acquire from Mr. Allen 12,283,014 shares of common stock, no par value, of Ticketmaster Group, Inc. ("Ticketmaster Stock") in exchange for 7,238,507 shares of common stock, $.01 par value, of HSN, Inc. ("HSNi Common Stock"), subject to the possible issuance to Mr. Allen of up to 3,257,328 additional shares of HSNi Common Stock in August 1998 if the average market price of the HSNi Common Stock over cetain periods prior to such time is below $29 per share. In addition, Mr. Allen previously purchased 172,500 shares of HSNi Common Stock through open market transactions from February 20, 1997 through March 5, 1997. Upon the consummation of the first closing on July 17, 1997, Mr. Allen owns 7,411,007 shares of HSNi Common Stock. Paul G. Allen /s/ William D. Savoy July 24, 1997 ------------------------------- ----------------- **Signature of Reporting Person Date William D. Savoy, Attorney-in-Fact of Paul G. Allen ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 7811(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.
- ------------------------------------------------------------------------------- 8. PRICE 9. NUMBER 10. OWNER- 11. NA- OF OF DERIV- SHIP TURE DERIV- ATIVE SECUR- FORM OF IN- ATIVE ITIES OF DE- DIRECT SECUR- BENE- RIVATIVE BENE- ITY FICIALLY SECU- FICIAL INSTR. OWNED RITY: OWN- 5) AT END DIRECT ERSHIP OF (D) OR (INSTR. 4) MONTH INDI- (INSTR. 4) RECT (I) (INSTR. 4) - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- - ------------------------------------------------------------------------------- - -------------------------------------------------------------------------------