Earnings Feed
Start Free
Home/Filings/4/0001181431-14-037754
4//SEC Filing

Banyan Rail Services Inc. 4

Accession 0001181431-14-037754

$BRSTCIK 0000764897operating
View on SEC.govCompany Profile

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 4:06 PM ET

Size

60.5 KB

Accession

0001181431-14-037754

Insider Transaction Report

Form 4
Period: 2014-09-08
Banyan Rail Services Inc.BARA
MARINO GARY O
DirectorPresident and CEO10% Owner
Transactions
  • Other

    Common Stock

    2014-09-08+17,649→ 565,317 total(indirect: By LLC)
  • Other

    Common Stock

    2014-11-18+7,700→ 573,017 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$10.00/sh+30,000$300,000→ 603,017 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$11.25/sh+88,889$1,000,001→ 691,906 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$12.50/sh+24,000$300,000→ 802,460 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$5.25/sh+47,619$250,000→ 913,150 total(indirect: By LLC)
  • Conversion

    Series A Preferred Convertible Stock

    2014-11-18−3,000→ 0 total(indirect: By LLC)
    Exercise: $10.00From: 2010-02-01→ Common Stock (30,000 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−1,000→ 16,800 total(indirect: By LLC)
    Exercise: $10.30From: 2014-06-30→ Common Stock (9,709 underlying)
  • Conversion

    Common Stock

    2014-11-18$9.95/sh+32,663$324,997→ 734,278 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$5.50/sh+18,182$100,001→ 778,460 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$12.00/sh+8,333$99,996→ 810,793 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$6.00/sh+20,000$120,000→ 830,793 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$5.75/sh+34,738$199,744→ 865,531 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$4.50/sh+5,556$25,002→ 918,706 total(indirect: By LLC)
  • Conversion

    Series B Preferred Convertible Stock

    2014-11-18−10,000→ 0 total(indirect: By LLC)
    Exercise: $11.25From: 2013-10-15→ Common Stock (88,889 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−3,250→ 13,550 total(indirect: By LLC)
    Exercise: $9.95From: 2014-06-30→ Common Stock (32,663 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−1,000→ 10,950 total(indirect: By LLC)
    Exercise: $10.00From: 2014-06-30→ Common Stock (10,000 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−2,000→ 2,750 total(indirect: By LLC)
    Exercise: $5.75From: 2014-06-30→ Common Stock (34,783 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−2,500→ 250 total(indirect: By LLC)
    Exercise: $5.25From: 2014-06-30→ Common Stock (47,619 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−250→ 0 total(indirect: By LLC)
    Exercise: $4.50From: 2014-06-30→ Common Stock (5,556 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−3,000→ 6,950 total(indirect: By LLC)
    Exercise: $12.50From: 2014-06-30→ Common Stock (24,000 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−1,200→ 4,750 total(indirect: By LLC)
    Exercise: $6.00From: 2014-06-30→ Common Stock (20,000 underlying)
  • Conversion

    Common Stock

    2014-11-18$10.30/sh+9,709$100,003→ 701,615 total(indirect: By LLC)
  • Conversion

    Common Stock

    2014-11-18$10.00/sh+26,000$260,000→ 760,278 total(indirect: By LLC)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−1,600→ 11,950 total(indirect: By LLC)
    Exercise: $10.00From: 2014-06-30→ Common Stock (16,000 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−1,000→ 9,950 total(indirect: By LLC)
    Exercise: $5.50From: 2014-06-30→ Common Stock (18,182 underlying)
  • Conversion

    Series C Preferred Convertible Stock

    2014-11-18−1,000→ 5,950 total(indirect: By LLC)
    Exercise: $12.00From: 2014-06-30→ Common Stock (8,333 underlying)
Holdings

  • Common Stock

    5,833
Footnotes (15)
  • [F1]The securities are owned by Banyan Rail Holdings LLC. Mr . Marino is the president of Banyan Rail Holdings LLC.
  • [F10]The issuer converted 3,000 shares of Series C Convertible Preferred Stock, at a conversion price of $12.50 per share, resulting in an acquisition of 24,000 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F11]The issuer converted 1,000 shares of Series C Convertible Preferred Stock, at a conversion price of $12.00 per share, resulting in an acquisition of 8,333 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F12]The issuer converted 1,200 shares of Series C Convertible Preferred Stock, at a conversion price of $6.00 per share, resulting in an acquisition of 20,000 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F13]The issuer converted 2,000 shares of Series C Convertible Preferred Stock, at a conversion price of $5.75 per share, resulting in an acquisition of 34,783 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F14]The issuer converted 2,500 shares of Series C Convertible Preferred Stock, at a conversion price of $5.25 per share, resulting in an acquisition of 47,619 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F15]The issuer converted 250 shares of Series C Convertible Preferred Stock, at a conversion price of $4.50 per share, resulting in an acquisition of 5,556 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F2]The reporting person received shares of common stock as payment in lieu of a cash dividend on shares of preferred stock of the issuer.
  • [F3]The securities do not have an expiration date.
  • [F4]The issuer converted 3,000 shares of Series A Convertible Preferred Stock, at a conversion price of $10 per share, resulting in an acquisition of 30,000 shares of common stock. The Series A Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price of $10 per share.
  • [F5]The issuer converted 10,000 shares of Series B Convertible Preferred Stock, at a conversion price of $11.25 per share, resulting in an acquisition of 88,889 shares of common stock. The Series B Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price of $11.25 per share.
  • [F6]The issuer converted 1,000 shares of Series C Convertible Preferred Stock, at a conversion price of $10.30 per share, resulting in an acquisition of 9,709 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F7]The issuer converted 3,250 shares of Series C Convertible Preferred Stock, at a conversion price of $9.95 per share, resulting in an acquisition of 32,663 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F8]The issuer converted 2,600 shares of Series C Convertible Preferred Stock, at a conversion price of $10.00 per share, resulting in an acquisition of 26,000 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.
  • [F9]The issuer converted 1,000 shares of Series C Convertible Preferred Stock, at a conversion price of $5.50 per share, resulting in an acquisition of 18,182 shares of common stock. The Series C Convertible Preferred Stock had a face value of $100 per share and was convertible into common stock at a conversion price equal to the closing price of the issuer's common stock on the trading date preceding the issuance of that share of Series C Preferred Stock.

Documents

1 file

Issuer

Banyan Rail Services Inc.

CIK 0000764897

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000764897

Filing Metadata

Form type
4
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:06 PM ET
Size
60.5 KB
View on SEC.gov