International Speedway (ISCB) Form 4 Change in insider ownership

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CARL TWO LP

(Last) (First) (Middle)

1201 SOUTH ORLANDO AVENUE

SUITE 370

(Street)

WINTER PARK FL 32789

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL SPEEDWAY CORP [ ISCA, ISCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
Group Member

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2016

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	05/01/2016		A		15,375	A	$0(1)	190,346	I	By Remainder of France Family Group
Class B Common Stock								1,300,999	D
Class B Common Stock								16,879,881	I	By Remainder of France Family Group

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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
Options to Acquire ISCA	$46.37							07/01/2007	07/01/2016	Class A Common Stock	926		926	I	By Remainder of France Family Group
Options to Acquire ISCA	$52.71							07/01/2008	07/01/2017	Class A Common Stock	2,413		2,413	I	By Remainder of France Family Group
Options to Acquire ISCA	$39.03							07/01/2009	07/01/2018	Class A Common Stock	2,387		2,387	I	By Remainder of France Family Group
Options to Acquire ISCA	$25.62							07/01/2010	07/01/2019	Class A Common Stock	4,785		4,785	I	By Remainder of France Family Group
Options to Acquire ISCA	$25.68							07/01/2011	07/01/2020	Class A Common Stock	3,757		3,757	I	By Remainder of France Family Group

Explanation of Responses:

1. Grant of Restricted Shares pursuant to provisions of International Speedway Corporation 2006 Long-Term Incentive Plan in a transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(d).

	W. Garrett Crotty as attorney in fact for Carl Two Limited Partnership	05/02/2016
	** Signature of Reporting Person	Date
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).
** 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 is insufficient, see Instruction 6 for procedure.
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