CULVER MICHAEL C 4
4 · FIRST AVIATION SERVICES INC · Filed Feb 1, 2005
Insider Transaction Report
Form 4
CULVER MICHAEL C
DirectorCEO10% Owner
Transactions
- Other
Common Stock
2005-02-01$4.25/sh+1,176$4,998→ 3,783,434 total(indirect: Principal shareholder)
Holdings
- 200(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]The reporting person is one of two principal shareholders of First Equity Group Inc. ("FEG") which is the beneficial owner of 3,783,434 shares of common stock of the issuer. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
- [F2]Mr. Aaron Hollander, the other principal shareholder of FEG, received a total of 1,176 shares of common stock of the issuer in lieu of cash fees payable to Directors of the issuer, and transferred such shares to FEG for no consideration.
- [F3]Held as custodian for minor children.