4//SEC Filing
Fejes William Theodore JR 4
Accession 0000921895-18-001097
CIK 0000914712other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 5:32 PM ET
Size
8.7 KB
Accession
0000921895-18-001097
Insider Transaction Report
Form 4
Fejes William Theodore JR
DirectorOther
Transactions
- Sale
Common Stock, $0.01 par value
2018-03-26$2.19/sh−90,411$197,566→ 459,589 total - Sale
Common Stock, $0.01 par value
2018-03-27$2.10/sh−79,589$166,922→ 380,000 total
Footnotes (4)
- [F1]The reporting person is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock. The reporting person disclaims beneficial ownership of the shares of Common Stock of the Issuer owned directly by the other members of the Section 13(d) group except to the extent of his pecuniary interest therein.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.13 to $2.26, inclusive. The reporting person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price such shares were sold.
- [F3]Includes 105,000 shares of restricted stock subject to prior shareholder approval and the reporting person's continuous service with the Issuer from the grant date through the vesting date; 5,000 of which will vest, in their entirety, on the day the price of the Issuer's common stock shall have closed at or above $2.00 per share for any five consecutive business days after the grant date; 50,000 of which will vest, in their entirety, on the day the price of the Issuer's common stock shall have closed at or above $2.25 per share for any five consecutive business days after the grant date; and 50,000 of which will vest, in their entirety, on the day the price of the Issuer's common stock shall have closed at or above $2.50 per share for any five consecutive business days after the grant date.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.0041 to $2.16, inclusive. The reporting person undertakes to provide the Issuer and any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price such shares were sold.
Documents
Issuer
Steel Connect, Inc.
CIK 0000914712
Entity typeother
Related Parties
1- filerCIK 0001290237
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 5:32 PM ET
- Size
- 8.7 KB