GANDER MOUNTAIN CO 4
4 · GANDER MOUNTAIN CO · Filed Feb 1, 2010
Insider Transaction Report
Form 4
ERICKSON RICHARD A
10% Owner
Transactions
- Other
Common Stock
2010-01-14$5.15/sh+2,428,847.011$12,508,562→ 9,964,703.011 total(indirect: By Holiday Stationstores, Inc.)
Holdings
- 1,042,174.926(indirect: By LLC)
Common Stock
Footnotes (3)
- [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 Holiday and the Issuer, Holiday funded a portion of these cash payments in the amount of $12,508,701.15, and the Issuer has agreed to issue Holiday shares equal to this funding amount divided by $5.15 (2,428,847.011 shares).
- [F2]The reporting person disclaims beneficial ownership of the shares held by Holiday Stationstores, Inc. ("Holiday") and Holiday/GMTN Family LLC except to the extent of the reporting person's economic interest in these shares.
- [F3]Certain individuals, including the reporting person, transferred an aggregate of 1,042,174.926 shares of the Issuer's Common Stock to Holiday/GMTN Family LLC in exchange for the same number of units of Holiday/GMTN Family LLC. The aggregate number of shares transferred was incorrectly reported as 1,392,520.802 in a Form 4 filed by the reporting person on January 19, 2010.