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<?xml version="1.0" encoding="windows-1252"?> |
<ownershipDocument> |
| <schemaVersion> X0407 </schemaVersion> |
| <documentType> 4 </documentType> |
| <periodOfReport> 2023-07-05 </periodOfReport> |
| <issuer> |
| | <issuerCik> 0001494582 </issuerCik> |
| | <issuerName> BOSTON OMAHA Corp </issuerName> |
| | <issuerTradingSymbol> BOC </issuerTradingSymbol> |
| | </issuer> |
| <reportingOwner> |
| | <reportingOwnerId> |
| | | <rptOwnerCik> 0001710114 </rptOwnerCik> |
| | | <rptOwnerName> Kenan Frank H. II </rptOwnerName> |
| | | </reportingOwnerId> |
| | <reportingOwnerAddress> |
| | | <rptOwnerStreet1> C/O BOSTON OMAHA CORPORATION </rptOwnerStreet1> |
| | | <rptOwnerStreet2> 1601 DODGE STREET, SUITE 3300 </rptOwnerStreet2> |
| | | <rptOwnerCity> OMAHA </rptOwnerCity> |
| | | <rptOwnerState> NE </rptOwnerState> |
| | | <rptOwnerZipCode> 68102 </rptOwnerZipCode> |
| | | <rptOwnerStateDescription></rptOwnerStateDescription> |
| | | </reportingOwnerAddress> |
| | <reportingOwnerRelationship> |
| | | <isDirector> 1 </isDirector> |
| | | </reportingOwnerRelationship> |
| | </reportingOwner> |
| <aff10b5One> 0 </aff10b5One> |
| <nonDerivativeTable> |
| | <nonDerivativeTransaction> |
| | | <securityTitle> |
| <value> Class A common stock, par value $0.001 per share </value> |
| </securityTitle> |
| | | <transactionDate> |
| <value> 2023-07-05 </value> |
| </transactionDate> |
| | | <transactionCoding> |
| <transactionFormType> 4 </transactionFormType> |
| <transactionCode> A </transactionCode> |
| <equitySwapInvolved> 0 </equitySwapInvolved> |
| </transactionCoding> |
| | | <transactionAmounts> |
| <transactionShares> |
| <value> 1574 </value> |
| <footnoteId id="F1"/> |
| </transactionShares> |
| <transactionPricePerShare> |
| <value> 19.06 </value> |
| </transactionPricePerShare> |
| <transactionAcquiredDisposedCode> |
| <value> A </value> |
| </transactionAcquiredDisposedCode> |
| </transactionAmounts> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 2750 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> D </value> |
| </directOrIndirectOwnership> |
| </ownershipNature> |
| | | </nonDerivativeTransaction> |
| | <nonDerivativeHolding> |
| | | <securityTitle> |
| <value> Class A common stock, par value $0.001 per share </value> |
| </securityTitle> |
| | | <postTransactionAmounts> |
| <sharesOwnedFollowingTransaction> |
| <value> 161666 </value> |
| </sharesOwnedFollowingTransaction> |
| </postTransactionAmounts> |
| | | <ownershipNature> |
| <directOrIndirectOwnership> |
| <value> I </value> |
| </directOrIndirectOwnership> |
| <natureOfOwnership> |
| <value> See footnote </value> |
| <footnoteId id="F2"/> |
| </natureOfOwnership> |
| </ownershipNature> |
| | | </nonDerivativeHolding> |
| | </nonDerivativeTable> |
| <footnotes> |
| | <footnote id="F1"> The Reporting Person was granted 1,574 shares of restricted stock pursuant to the Boston Omaha Corporation 2022 Long-Term Incentive Plan. The shares will vest on the earlier of June 30, 2024 or the day immediately preceding the date of the Boston Omaha Corporation 2024 Annual Meeting of Stockholders and will automatically vest in full on a sale of the company, provided that the Reporting Person remains as a director of Boston Omaha Corporation on such applicable vesting date, subject to certain exemptions. </footnote> |
| | <footnote id="F2"> The reported shares are directly owned by KD Capital, L.P. and a trust under which Frank H. Kenan II is both the trustee and a beneficiary. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. </footnote> |
| | </footnotes> |
| <ownerSignature> |
| | <signatureName> /s/ Frank H. Kenan, II </signatureName> |
| | <signatureDate> 2023-07-07 </signatureDate> |
| | </ownerSignature> |
| </ownershipDocument> |