PIONEER COMPANIES INC 4
4 · PIONEER COMPANIES INC · Filed Oct 1, 2004
Insider Transaction Report
Form 4
BENNETT JAMES D
10% Owner
Transactions
- Sale
Common Stock
2004-09-29$13.39/sh−225,000$3,012,998→ 975,000 total(indirect: Please See Footnote) - Sale
Common Stock
2004-09-28$13.61/sh−100,000$1,360,690→ 1,200,000 total(indirect: Please See Footnote)
Footnotes (4)
- [F1]44,984 shares disposed of by Bennett Restructuring Fund, L.P. 31,238 shares disposed of by Bennett Offshore Restructuring Fund, Inc. 17,564 shares disposed of by Bennett Restructuring Fund II, L.P. 6,214 shares disposed of by Barclays Global Investors Distressed Specialist Fund I.
- [F2]Each of the Reporting Person and the joint filer disclaims beneficial ownership to the extent of their pecuniary interest therein.
- [F3]Shares held in accounts of various entities over which the Reporting Person exercises investment discretion as the principal of a General Partner or Investment Manager and the joint filer exercises investment discretion as the General Partner or Investment Manager.
- [F4]97,000 shares disposed of by Bennett Restructuring Fund, L.P. 75,000 shares disposed of by Bennett Offshore Restructuring Fund, Inc. 42,000 shares disposed of by Bennett Restructuring Fund II, L.P. 11,000 shares disposed of by Barclays Global Investors Distressed Specialist Fund I.