4//SEC Filing
Shubin Stein Kenneth H 4
Accession 0001179110-10-017481
CIK 0000887969other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 4:03 PM ET
Size
6.3 KB
Accession
0001179110-10-017481
Insider Transaction Report
Form 4
MRV COMMUNICATIONS INCMRVC.PK
Shubin Stein Kenneth H
Director
Transactions
- Sale
Common Stock
2010-12-13$1.73/sh−1,000$1,730→ 464,046 total(indirect: See Footnote)
Footnotes (2)
- [F1]Dr. Shubin Stein's sale of MRV Communications, Inc.'s common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,000 shares, with the reporting person's purchase of 936 shares at a price of $1.27 per share, and 64 shares at a price of $1.28 per share each on June 15, 2010. Even though the shares were only held indirectly through a managed fund, Dr. Shubin Stein has paid MRV Communications, Inc. $459.36, representing the full amount of the profit realized in connection with the short-swing transaction.
- [F2]Dr. Shubin Stein beneficially owns 128,133 shares of common stock of MRV Communications, Inc. directly. In addition, he has sole trading and voting discretions as the managing member of Spencer Capital Management, LLC, which manages various accounts that hold 335,913 shares of MRV Communications, Inc. common stock including the reported transaction above. As the managing member of Spencer Capital Management, LLC, Dr. Shubin Stein may be deemed to be the beneficial owner of the 335,913 shares held in the managed accounts. Dr. Shubin Stein claims beneficial ownership of any of the shares included in this report to the extent of his pecuniary interest therein.
Documents
Issuer
MRV COMMUNICATIONS INC
CIK 0000887969
Entity typeother
Related Parties
1- filerCIK 0001345051
Filing Metadata
- Form type
- 4
- Filed
- Dec 13, 7:00 PM ET
- Accepted
- Dec 14, 4:03 PM ET
- Size
- 6.3 KB