4//SEC Filing
NATIONAL PATENT DEVELOPMENT CORP 4
Accession 0000942657-07-000009
$IWSHCIK 0001279715operating
Filed
Mar 6, 7:00 PM ET
Accepted
Mar 7, 6:52 PM ET
Size
5.4 KB
Accession
0000942657-07-000009
Insider Transaction Report
Form 4
FLEGEL S LESLIE
Director
Transactions
- Purchase
Common Stock
2007-03-02$2.40/sh+200,000$480,000→ 200,000 total
Footnotes (1)
- [F1]Pursuant to a purchase agreement between Mr. Flegel and the issuer dated March 2, 2007, these shares of common stock of the issuer are immediately convertible into shares of common stock of the issuer's majority-owned subsidiary, Five Star Products, Inc. ("Five Star") that are held by the issuer, on a one-for-six basis (each shares of the issuer's common stock may be converted into six shares of Five Star common stock). These shares will no longer be convertible into shares of Five Star's common stock if and when the issuer no longer holds any shares of Five Star's common stock.
Documents
Issuer
NATIONAL PATENT DEVELOPMENT CORP
CIK 0001279715
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001279715
Filing Metadata
- Form type
- 4
- Filed
- Mar 6, 7:00 PM ET
- Accepted
- Mar 7, 6:52 PM ET
- Size
- 5.4 KB