COLUSSY DAN A 4
4 · Horizon Lines, Inc. · Filed Jun 14, 2006
Insider Transaction Report
Form 4
COLUSSY DAN A
Director
Transactions
- Sale
Common Stock, par value $.01 per share
2006-06-12$14.00/sh−19,407$271,698→ 32,618 total(indirect: See Footnote)
Footnotes (2)
- [F1]The shares of Common Stock, par value $.01 per share (the "Common Stock") of the Issuer reported in this table are held of record by John K. Castle, as Voting Trustee pursuant to the Amended and Restated Voting Trust Agreement, dated as of October 15, 2004 (the "Voting Trust Agreement"), among the Issuer, Mr. Castle, as Voting Trustee, the Reporting Person and the other parties thereto, in trust for the Reporting Person.
- [F2]The shares of Common Stock are subject to (i) Voting Trust Agreement, whereby the Reporting Person has agreed that Mr. Castle shall act as Voting Trustee for all of the shares of Common Stock of the Issuer beneficially owned by the Reporting Person and (ii) an Amended and Restated Stockholders Agreement, dated as of September 21, 2005, among the Issuer, Castle Harlan Partners IV, L.P. ("CHP IV"), the Reporting Person and the other parties thereto, pursuant to which CHP IV may require the disposition of the shares of Common Stock under certain circunstances.