Moshenek G Kenneth 4
4 · Westway Group, Inc. · Filed Oct 12, 2011
Insider Transaction Report
Form 4
Moshenek G Kenneth
Director
Transactions
- Other
Class A Common Stock
2011-10-10$3.99/sh+1,272$5,074→ 128,172 total
Holdings
- 253,800(indirect: See footnote)
Class A Common Stock
Footnotes (2)
- [F1]The reporting person received 1,272 shares of Class A Common Stock as a payment-in-kind dividend on 126,900 shares of Class A Common Stock owned on the dividend record date.
- [F2]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.