4/A//SEC Filing
Moshenek G Kenneth 4/A
Accession 0001181431-11-052540
CIK 0001361872other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 1:08 PM ET
Size
8.1 KB
Accession
0001181431-11-052540
Insider Transaction Report
Form 4/AAmended
Moshenek G Kenneth
Director
Transactions
- Other
Class A Common Stock
2010-02-04+126,900→ 126,900 total - Other
Class A Common Stock
2010-02-04$4.75/sh−10,152$48,222→ 253,800 total(indirect: See footnote)
Footnotes (3)
- [F1]These shares were previously reported as being indirectly held by the reporting person, as a member of Shermen WSC Holding LLC. The reporting person acquired direct ownership of the shares as a result of a distribution effected among the members of Shermen WSC Holding LLC on a pro rata basis in accordance with their respective membership interests for no consideration.
- [F2]These shares were held directly by Shermen WSC Holding LLC, of which the reporting person is a member, and were part of 40,000 total shares transferred to Healdsburg Capital Management, LLC as consideration in part for certain consulting services provided by Healdsburg Capital Management, LLC to Shermen WSC Holding and its affiliates. The consulting services had an estimated value of $190,000, which averages to $4.75 per share. The number of shares reported reflects the proportionate interest of the reporting person in Shermen WSC Holding LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]These shares are part of 1,000,000 shares held in escrow for Shermen WSC Holding LLC, to be released upon the achievement by the issuer of certain earnings and share price targets. The number of shares reported reflects the proportionate interest of the reporting person in Shermen WSC Holding LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Documents
Issuer
Westway Group, Inc.
CIK 0001361872
Entity typeother
Related Parties
1- filerCIK 0001399260
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 1:08 PM ET
- Size
- 8.1 KB