GANDER MOUNTAIN CO 4
4 · GANDER MOUNTAIN CO · Filed Feb 1, 2010
Insider Transaction Report
Form 4
Pratt David C
Director10% Owner
Transactions
- Other
Common Stock
2010-01-14$5.15/sh+840,622.937$4,329,208→ 9,606,877.937 total(indirect: By LLC)
Footnotes (2)
- [F1]On January 14, 2010, the Issuer effected a reverse stock split after which any shareholder that held less than one share will receive $5.15 for each pre-split share. Pursuant to an agreement between Gratco, LLC ("Gratco") and the Issuer, Gratco funded a portion of these cash payments in the amount of $4,329,208.12, and the Issuer has agreed to issue Gratco shares equal to this funding amount divided by $5.15 (840,622.937 shares).
- [F2]The reporting person disclaims beneficial ownership of the shares held by Gratco except to the extent of the reporting person's economic interest in these shares.