KITTY HAWK INC|4Jan 2, 6:22 PM ET

KITTY HAWK INC 4

4 · KITTY HAWK INC · Filed Jan 2, 2008

Form 4

Period: 2007-12-28

Director10% Owner

Transactions

Sale
Common Stock
2007-12-28$0.00/sh−6,477,494$648→ 56,846 total(indirect: Footnote 1)
Sale
Common Stock
2008-01-02$0.00/sh−2$0→ 56,844 total(indirect: Footnote 1)
Sale
Common Stock
2007-12-28$0.00/sh−473,235$47→ 210,652 total(indirect: Footnote 2)

Holdings

Common Stock
24,711
Warrant to Purchase Common Stock
(indirect: Footnote 3)
Exercise: $0.82From: 2005-11-14Exp: 2010-11-10→ Common Stock (60,976 underlying)
60,976
Series B Convertible Stock
(indirect: Footnote 3)
Exercise: $0.96From: 2005-11-14→ Common Stock (260,309 underlying)
250
Series B Convertible Stock
(indirect: Footnote 1)
Exercise: $0.96From: 2005-11-14→ Common Stock (1,822,158 underlying)
1,750
Common Stock
(indirect: Footnote 4)
70,000
Warrant to Purchase Common Stock
(indirect: Footnote 1)
Exercise: $0.82From: 2005-11-14Exp: 2010-11-10→ Common Stock (426,829 underlying)
426,829
Common Stock
(indirect: Footnote 3)
98,120
Common Stock
(indirect: Footnote 9)
234,736

Footnotes (9)

[F1]Sole equity owner of Riley Investment Management LLC, General Partner of Riley Investment Partners Master Fund, L.P.
[F2]Sole equity owner of B. Riley and Co., LLC, indirectly affiliated with a managed account.
[F3]Trustee of the B. Riley and Co. Retirement Trust
[F4]Custodian for Mr. Riley's children. Reporting Persons disclaim beneficial ownership of these securities.
[F5]On an as converted to common stock basis.
[F6]Not applicable.
[F7]Conversion price is per $1,000 in stated amount.
[F8]Represents vested restricted stock units granted pursuant to the Kitty Hawk, Inc. 2003 Long Term Equity Incentive Plan.
[F9]Sole equity owner of Riley Investment Management LLC, investment advisor to managed account of investment advisory client indirectly affiliated with Mr. Riley.

Documents

1 file