LEVY LAURENCE S 4
4 · Rand Logistics, Inc. · Filed Dec 4, 2017
Insider Transaction Report
Form 4
LEVY LAURENCE S
DirectorChief Executive Officer
Transactions
- Sale
Common Stock
2017-11-30$0.29/sh−134,121$38,895→ 655,573 total(indirect: See footnote) - Sale
Common Stock
2017-12-04$0.25/sh−262,700$65,675→ 252,504 total(indirect: See footnote) - Sale
Common Stock
2017-12-01$0.28/sh−140,369$39,303→ 515,204 total(indirect: See footnote)
Footnotes (4)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.28 to $0.30, inclusive. The reporting person undertakes to provide Rand Logistics, Inc., any security holder of Rand Logistics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]These shares of common stock are owned indirectly by Rand Management LLC. The sole member of Rand Management LLC is the Laurence Levy Irrevocable Trust, a trust established for the benefit of Laurence Levy's children. Mr. Levy is the trustee of the Laurence Levy Irrevocable Trust.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.28 to $0.30, inclusive. The reporting person undertakes to provide Rand Logistics, Inc., any security holder of Rand Logistics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.25 to $0.28, inclusive. The reporting person undertakes to provide Rand Logistics, Inc., any security holder of Rand Logistics, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.