4//SEC Filing
Horizon Lines, Inc. 4
Accession 0001181431-06-052524
CIK 0001302707operating
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 10:25 AM ET
Size
6.6 KB
Accession
0001181431-06-052524
Insider Transaction Report
Form 4
COLUSSY DAN A
Director
Transactions
- Sale
Common Stock, par value $.01 per share
2006-09-11$14.50/sh−19,648$284,896→ 12,970 total(indirect: See Footnote)
Footnotes (3)
- [F1]The shares of Common Stock, par value $.01 per share (the "Common Stock") of the Issuer reported in this table as beneficially owned by the Reporting Person following the Reported Transaction (the "Remaining Shares") are held of record as of the date hereof 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 Remaining Shares are subject to (i)the 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 (the "Stockholders Agreement"), 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 shares of Common Stock under certain circunstances.
- [F3]Upon the Consummation of the Reported Transaction (which is expected to occur on September 15, 2006), the Remaining Shares will cease to be subject to the Voting Trust Agreement or the Stockholders Agreement and will be held directly by the Reporting Person.
Issuer
Horizon Lines, Inc.
CIK 0001302707
Entity typeoperating
Related Parties
1- filerCIK 0001302707
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 10:25 AM ET
- Size
- 6.6 KB