4//SEC Filing
Blatte Lawrence A 4
Accession 0001104659-11-037856
CIK 0001479920other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 8:28 PM ET
Size
14.1 KB
Accession
0001104659-11-037856
Insider Transaction Report
Form 4
Blatte Lawrence A
Senior Exec. Vice President
Transactions
- Tax Payment
Class A Ordinary Shares, par value $0.01 per share
2011-06-30$1.85/sh−6,979$12,911→ 160,290 total
Holdings
- 176,656(indirect: By Spouse)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares, par value $0.01 per share (176,656 underlying) - 177,039
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares, par value $0.01 per share (177,039 underlying) - 50,307(indirect: By Spouse)
Class A Ordinary Shares, par value $0.01 per share
- 1,426
Series B Preference Shares, par value $0.01 per share
→ Class B Ordinary Shares, par value $0.01 per share (36,553 underlying) - 3,326
Series A Preference Shares, par value $0.01 per share
→ Class A Ordinary Shares, par value $0.01 per share (167,131 underlying) - 18,293(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary Shares, par value $0.01 per share (18,293 underlying)
Footnotes (6)
- [F1]Shares withheld for the purpose of paying taxes incurred as a result of vesting of restricted shares.
- [F2]Includes 56,250 unvested shares of restricted stock which will vest in three equal annual installments beginning June 30, 2012.
- [F3]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F4]Series B Preference Shares are convertible into Class B Ordinary Shares on a 25.6333-for-1 basis at any time and have no expiration date. If the Series B Preference Shares remain outstanding, the applicable conversion rate will change as follows: 26.4023-for-1 beginning December 31, 2011; 27.1944-for-1 beginning June 30, 2012; 28.0102-for-1 beginning December 31, 2012; 28.8505-for-1 beginning June 30, 2013; 29.7161-for-1 beginning December 31, 2013; 30.6075-for-1 beginning June 30, 2014; and 31.5258-for-1 beginning December 31, 2014.
- [F5]Class B Ordinary Shares currently are convertible into Class A Ordinary Shares on a one-for-one basis at any time and have no expiration date.
- [F6]Series A Preference Shares are convertible into Class A Ordinary Shares on a 50.2500-for-1 basis at any time and have no expiration date. If the Series A Preference Shares remain outstanding, the applicable conversion rate will change as follows: 51.7575-for-1 beginning December 31, 2011; 53.3102-for-1 beginning June 30, 2012; 54.9095-for-1 beginning December 31, 2012; 56.5568-for-1 beginning June 30, 2013; 58.2535-for-1 beginning December 31, 2013; 60.0011-for-1 beginning June 30, 2014; and 61.8012-for-1 beginning December 31, 2014.
Documents
Issuer
TBS International plc
CIK 0001479920
Entity typeother
Related Parties
1- filerCIK 0001325753
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 8:28 PM ET
- Size
- 14.1 KB