PARSOW ALAN S 4
4 · PENN TREATY AMERICAN CORP · Filed May 15, 2012
Insider Transaction Report
Form 4
PARSOW ALAN S
Director
Transactions
- Sale
Common Stock
2012-05-11$0.45/sh−20,000$8,900→ 1,029,534 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.45/sh−121,700$54,765→ 907,834 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.46/sh−68,999$31,740→ 838,835 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.47/sh−25,000$11,750→ 813,835 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.48/sh−100,000$48,000→ 713,835 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.48/sh−10,000$4,850→ 703,835 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.49/sh−104,301$51,107→ 599,534 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.51/sh−50,000$25,500→ 549,534 total(indirect: See Ftnote 2) - Sale
Common Stock
2012-05-11$0.55/sh−2,500$1,375→ 547,034 total(indirect: See Ftnote 2)
Footnotes (2)
- [F1]Of the shares listed that are beneficially owned, the Alan S. Parsow IRA owns 23,500 and Elkhorn Partners LP owns the remaining shares.
- [F2]Shares held by Elkhorn Partners LP ("Elkhorn"). The general partner of Elkhorn is Parsow Management LLC ("Parsow Management") and the sole manager of Parsow Management is Alan S. Parsow. As a result of these relationships, Parsow Management and Mr. Parsow may be deemed to have or share voting and/or investment power with respect to the shares held by or for the account of or benefit of Elkhorn. All information is based on the Schedule 13D/A executed by Elkhorn and filed with the Securities and Exchange Commission on September 13, 2011.