GILMAN CIOCIA, INC. 4
4 · GILMAN CIOCIA, INC. · Filed Oct 17, 2013
Insider Transaction Report
Form 4
RYAN MICHAEL P
DirectorPresident10% Owner
Transactions
- Disposition to Issuer
Common Stock
2013-10-15−538,500→ 0 total - Disposition to Issuer
Common Stock
2013-10-15−16,777,339→ 0 total(indirect: See Footnote)
Footnotes (3)
- [F1]Disposed of pursuant to merger agreement between Gilman Ciocia, Inc. ("Gilman") and National Holdings Corporation ("National") in exchange for 126,558 shares of National common stock having a market value of $0.39 per share on the effective date of the merger.
- [F2]Disposed of pursuant to merger agreement between Gilman and National in exchange for 3,942,994 shares of National common stock having a market value of $0.39 per share on the effective date of the merger.
- [F3]Included (i) 1,093,798 shares beneficially owned by Prime Partners, Inc., of which the Reporting Person is a shareholder and officer, (ii) 263,541 shares beneficially owned by spouse and children and (iii) 15,420,000 shares beneficially owned by Prime Partners II, LLC, of which the Reporting Person is a member and manager.