FRANKLIN ELECTRONIC PUBLISHERS INC 4
4 · FRANKLIN ELECTRONIC PUBLISHERS INC · Filed Jan 20, 2010
Insider Transaction Report
Form 4
Saunders Acquisition Corp
10% Owner
Transactions
- Other
Common Stock
2009-12-29$2.50/sh+39,000$97,500→ 2,621,412 total - Other
Common Stock
2009-12-07$2.50/sh+1,900$4,750→ 2,582,312 total - Other
Common Stock
2009-12-17$2.50/sh+100$250→ 2,582,412 total - Other
Common Stock
2009-12-30$2.50/sh+117,000$292,500→ 2,738,412 total - Other
Common Stock
2010-01-05$2.50/sh+2,714$6,785→ 2,741,126 total
Footnotes (5)
- [F1]Represents shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock"), acquired by the Reporting Person pursuant to the certain exchange agreement between the Reporting Person and Frank A. Musto, Chief Financial Officer of the Issuer and Treasurer of the Reporting Person. In consideration of such contribution, Mr. Musto received a number of shares of the Reporting Person's Series A Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock"), equal to the number of shares of Common Stock contributed to the Reporting Person by Mr. Musto.
- [F2]Represents share of Common Stock acquired by the Reporting Person pursuant to that certain exchange agreement between the Reporting Person and Toshihide Hokari, Chief Operating Officer of the Issuer and Secretary of the Reporting Person. In consideration of such contribution, Mr. Hokari received a number of shares of Series A Preferred Stock equal to the number of shares Common Stock contributed to the Reporting Person by Mr. Hokari.
- [F3]Represents shares of Common Stock acquired by the Reporting Person pursuant to that certain exchange agreement between the Reporting Person and Julien David, a shareholder of the Issuer. In consideration of such contribution, Mr. David received a number of shares of Series A Preferred Stock equal to the number of shares of Common Stock contributed to the Reporting Person by Mr. David.
- [F4]Represents shares of Common Stock acquired by the Reporting Person pursuant to that certain exchange agreement between the Reporting Person and Morton David, a shareholder of the Issuer. In consideration of such contribution, Mr. David received a number of shares of Series A Preferred Stock equal to the number of shares of Common Stock contributed to the Reporting Person by Mr. David.
- [F5]Represents additional shares of Common Stock acquired by the Reporting Person pursuant to the above-referenced exchange agreements between the Reporting Person and each of Messrs. Musto and Hokari. In consideration of such contributions, Messrs. Musto and Hokari each received a number of shares of Series A Preferred Stock equal to the number of additional shares of Common Stock contributed to the Reporting Person by him.