4//SEC Filing
KINGSTON ROBERT J 4
Accession 0000926274-03-000362
CIK 0000851249other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 3:10 PM ET
Size
9.0 KB
Accession
0000926274-03-000362
Insider Transaction Report
Form 4
KINGSTON ROBERT J
DirectorPres. of Kingston Sales Corp.Other
Transactions
- Purchase
Put and Call
2003-10-01+2,500,000→ 2,500,000 totalExercise: $0.00From: 2003-09-30Exp: 2003-10-01→ Common (2,500,000 underlying) - Purchase
Common Stock
2003-10-01+13,100,000→ 85,591,355 total(indirect: See Note (1))
Footnotes (2)
- [F1]Note (1): As a member of a control group, the Reporting Person (direct holding: 7,900,000 shares) may be deemed to be an indirect beneficial owner of the shares owned by the other members of the control group, John F. Fisbeck (18,087,023 shares), Carter M. Fortune (42,013,108 shares), Norman G. Wolcott, Jr. (7,266,084 shares), Norman G. Wolcott, Jr. and Norman G. Wolcott, Sr., as co-trustees of the Norman G. Wolcott, Sr. and Lucile H. Wolcott Revocable Trust of 1995 (5,125,160 shares), and Harlan M. Schafir (13,100,000 shares). Neither the fact of this filing nor anything contained herein shall be deemed to be an admission that the Reporting Person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
- [F2]Note (2): Reporting person has certain put and call rights based on an Option Agreement by and between dated October 1, 2003, by and between Harlan M. Schafir, Carter M. Fortune and Robert J. Kingston. The exercise prices of the put and call rights are variable and based upon the combined cumulative EBITDA during the three-year period October l, 2003 to September 30, 2006 of certain subsidiaries of Issuer, namely, Professional Staff Management, Inc., Professional Staff Management, Inc. II and Pro Staff, Inc.
Documents
Issuer
FORTUNE DIVERSIFIED INDUSTRIES INC
CIK 0000851249
Entity typeother
Related Parties
1- filerCIK 0001179900
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 3:10 PM ET
- Size
- 9.0 KB