BERGER HOWARD G 5
5 · RadNet, Inc. · Filed Feb 13, 2012
Insider Transaction Report
Form 5
RadNet, Inc.RDNT
BERGER HOWARD G
DirectorPresident10% Owner
Transactions
- Gift
Common Stock
2011-12-31−5,133,114→ 272,026 total - Gift
Common Stock
2011-12-31+5,133,114→ 5,133,114 total(indirect: By LLC) - Gift
Common Stock
2012-01-30−2,000→ 270,026 total
Footnotes (3)
- [F1]The shares were owned by the Howard and Fran Berger Family Trust, of which the reporting person is a co-trustee. The shares were transferred to HFB Enterprises, LLC (the "LLC") for estate planning purposes. The transfer was a part-gift and part-sale and the consideration for the sale was $500,000. The reporting person, along with his wife, are the managers of the LLC and the sole member of the LLC is an irrevocable trust, the beneficiaries of which are the reporting person's children and a third individual who is a family friend.
- [F2]Held in family trust.
- [F3]These shares were transferred from the family trust to an unrelated individual as a gift. The reporting person no longer has beneficial ownership over these shares.