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| FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ Washington, D.C. 20549
[_] Check box if no
longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
to Section 16.
Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
Obligations may Exchange Act of 1934, Section 17(a) of the
continue. See Public Utility Holding Company Act of 1935 or
Instruction 1(b). Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Love L. Ross
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(Last) (First) (Middle)
1821 Summit Road, Suite 201
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(Street)
Cincinnati OH 45237
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol Radio One, Inc. ROIAK
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3. I.R.S. or Social Security Number of Reporting Person
(Voluntary)
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4. Statement for Month/Year 11/2001
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5. If Amendment, Date of Original (Month/Day/Year) 12/10/01
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6. Relationship of Reporting Person to Issuer (Check all applicable)
X Director ___ Officer ___ 10% Owner ___ Other
--- (give title below) (specify below)
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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
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
of action action or Disposed of (D) Securities ship of In-
Security Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 3) (Month/ (Instr. 8) Owned at Direct Bene-
Day/ ----------------------------------------------- End of (D) or ficial
Year) Month Indirect Owner-
Code V Amount (A) or Price (Instr. 3 and 4) (I) ship
(D) (Instr. 4) (Instr. 4)
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Class D Common Stock 11/13/01 S(1) 215,000 D $14.14
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Class D Common Stock 11/14/01 S(1) 175,000 D $14.33
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Class D Common Stock 11/15/01 S(1) 100,000 D $15.24
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Class D Common Stock 11/19/01 S(1) 15,000 D $15.86
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Class D Common Stock 11/19/01 S(1) 87,500 D $15.74 500 D
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Class D Common Stock 1,712,368 I LRL Trading
(2)
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Class D Common Stock 120,388 I LRC Love LP
(2)
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Class D Common Stock 48,023 I Love Family
LP (2)
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Class D Common Stock 59,479 I Cheryl H.
Love (2)
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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).
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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1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv-
Security (Instr. 3) sion or action tion Code ative Securities
Exercise Date (Instr. 8) Acquired (A) or
Price of (Month/ Disposed of (D)
Deriv- Day/ (Instr. 3, 4, and 5)
ative Year)
Security
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Code V (A) (D)
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Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na-
cisable and Underlying Securities of of Deriv- ship ture
Expiration (Instr. 3 and 4) Deriv- ative Form of In-
Date ative Secur- of De- direct
(Month/Day/ Secur- ities rivative Bene-
Year) ity Bene- Security ficial
(Instr. ficially Direct Owner-
-------------------------------------------- 5) Owned (D) or ship
Date Expira- Amount or at End Indirect(I) (Instr.
Exer- tion Title Number of of (Instr. 4) 4)
cisable Date Shares Month
(Instr. 4)
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Explanation of Responses:
(1) Sold pursuant to an SEC Form S-3 (File No. 333-58436), declared
effective on August 27, 2001.
(2) On August 10, 2001: (1) LRL Trading, L.L.C. ("LRL Trading") acquired
2,212,368 shares of Class D Common Stock of Radio One, Inc. (the "Company"), (2)
LRC Love Limited Partnership ("LRC Love LP") acquired 170,388 shares of Class D
Common Stock, (3) Love Family Limited Partnernship ("Love Family LP") acquired
73,023 shares of Class D Common Stock and (4) Cheryl H. Love, the wife of the
Reporting Person, acquired 91,979 shares of Class D Common Stock in connection
with the Company's acquisition of Blue Chip Broadcasting Inc. ("Blue Chip"). The
Reporting Person, who was an officer, director and shareholder of Blue Chip, has
an indirect, controlling interest in LRL Trading, LRC Love LP and Love Family
LP, and accordingly may be deemed to be the beneficial owner of some or all of
the shares held by these entities. The Reporting Person disclaims beneficial
ownership of shares held by LRL Trading, LRC Love LP and Love Family LP, except
to the extent of his pecuniary interest therein. The Reporting Person disclaims
beneficial ownership of the shares held by Cheryl H. Love and this report shall
not be deemed an admission that the reporting person is the beneficial owner of
such securities for purposes of Section 16 or for any other purpose.
(2) Subject to vesting schedule.
** 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 contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
/s/ L. Ross Love 12-18-01
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**Signature of Reporting Person Date
