AFFIRMATIVE INSURANCE HOLDINGS INC 4
4 · AFFIRMATIVE INSURANCE HOLDINGS INC · Filed Jun 22, 2012
Insider Transaction Report
Form 4
FRAZER NIMROD T
Director
Transactions
- Purchase
Common Stock, $0.01 par value
2012-06-20$0.19/sh+15,000$2,850→ 15,000 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.22/sh+10,000$2,200→ 25,000 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.23/sh+5,000$1,175→ 40,000 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.29/sh+10,000$2,900→ 68,100 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.32/sh+11,800$3,776→ 79,900 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.35/sh+10,000$3,500→ 89,900 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.50/sh+20,000$10,000→ 124,900 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.23/sh+10,000$2,300→ 35,000 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.27/sh+18,100$4,887→ 58,100 total(indirect: See remarks below) - Purchase
Common Stock, $0.01 par value
2012-06-20$0.40/sh+15,000$6,000→ 104,900 total(indirect: See remarks below)
Footnotes (1)
- [F1]Shares purchased by Frazer Holdings, L.P., an entity in which Mr. Frazer ultimately holds 100% ownership interest. Additionally, Mr. Frazer was Chairman of the Board and CEO of The Enstar Group, Inc. (Enstar), a publicly traded company, from 1990 to 2006, and he was also its President from 1990 to 2001. Enstar is a non-managing member of Affirmative Investment LLC, which is a part-owner of New Affirmative. Mr. Frazer disclaims beneficial ownership of the 7,860,827 shares of common stock of the Company owned by New Affirmative.