PARSOW ALAN S 4
4 · PENN TREATY AMERICAN CORP · Filed Jul 24, 2012
Insider Transaction Report
Form 4
PARSOW ALAN S
Director
Transactions
- Sale
Common stock
2012-07-20$0.59/sh−3,500$2,083→ 533,534 total(indirect: See footnote) - Sale
Common stock
2012-07-20$0.59/sh−5,000$2,950→ 537,034 total(indirect: See footnote) - Sale
Common stock
2012-07-20$0.60/sh−5,000$3,000→ 528,534 total(indirect: See footnote) - Sale
Common stock
2012-07-20$0.57/sh−5,000$2,850→ 542,034 total(indirect: See footnote)
Footnotes (2)
- [F1]Of the shares listed that are beneficially owned, the Alan S. Parsow IRA owns 23,500 and Elkhorn Partners LP ("Elkhorn") owns the remaining shares.
- [F2]Shares held by Elkhorn. The general partner of Elkhorn is Parsow Management LLC ("Parsow Management") and the sole manager of Parsow Management is Alan S. Parsow. As a result of these relationships, Parsow Management and Mr. Parsow may be deemed to have or share voting and/or investment power with respect to the shares held by or for the account of or benefit of Elkhorn. All information is based on the Schedule 13D/A executed by Elkhorn and filed with the Securities and Exchange Commission on September 13, 2011 and the Schedule 13D/A executed by Elkhorn and filed with the Securities and Exchange Commission on May 18, 2012.