World Point Terminals, LP 4
4 · World Point Terminals, LP · Filed Jul 5, 2017
Insider Transaction Report
Form 4
World Point Terminals, Inc.
Director10% Owner
Transactions
- Purchase
Common Units (Limited Partner Interests)
2017-06-30$17.30/sh+6,127,974$106,013,950→ 12,550,981 total
Holdings
- 16,485,507(indirect: By CPT Subsidiary)
Common Units (Limited Partner Interests)
Footnotes (1)
- [F1]This Form 4 is filed jointly by World Point Terminals, Inc. ("Parent"), the Novelly Dynasty Trust and the Novelly Family Trust (collectively, the "Trusts"). The Issuer is an indirect subsidiary of Parent. The Trusts collectively own a controlling interest in Parent and as such, may be deemed to indirectly beneficially own the securities held by Parent. The trustees of the Trusts have shared investment and voting control over the securities held by Parent, but may exercise such control only with the support of a majority of the trustees. As such, the Reporting Person(s) disclaim beneficial ownership of the securities of the Issuer held by the Parent. CPT 2010, LLC ("CPT Subsidiary") is a wholly-owned subsidiary of Parent. Parent and the Trusts may be deemed to indirectly beneficially own the securities held by CPT Subsidiary, but disclaim beneficial ownership except to the extent of their respective pecuniary interest therein, if any.