GREGG DOUGLASS G 4
4 · PARAMCO FINANCIAL GROUP INC · Filed Jun 2, 2004
Insider Transaction Report
Form 4
GREGG DOUGLASS G
10% Owner
Transactions
- Other
COMMON STOCK
2004-06-01$0.01/sh−147,440$2,138→ 18,800,065 total(indirect: See note 2)
Footnotes (2)
- [F1]The transaction, which is the subject of this report, was one in which Airline transferred, in a non-public transaction, 147,440 restricted shares of Common Stock, representing approximately 0.0026% of the total issued and outstanding shares of Common Stock to an unrelated entity. The purpose of the transaction was to satisfy certain obligations of Mr. Gregg.
- [F2]Of these shares, 11,567,560 are owned of record and beneficially by Airline Communications, Ltd., an entity that is controlled by Mr. Gregg. Mr. Gregg is the record and beneficial owner of an additional 7,312,505 shares held in his own name.