GARRISON HAROLD D 4
4 · CTI GROUP HOLDINGS INC · Filed Jan 25, 2005
Insider Transaction Report
Form 4
GARRISON HAROLD D
Director
Transactions
- Purchase
Class A Common Stock
[F1]2005-01-21$0.35/sh+33,176$11,612→ 542,081 total - Purchase
Class A Common Stock
[F2]2005-01-21$0.35/sh+38,147$13,351→ 1,304,238 total(indirect: By LLC)
Holdings
- 422,785(indirect: By LLC)
Class A Common Stock
[F3]
Footnotes (3)
- [F1]Reflects the acquisition of 33,176 shares of Class A common stock due to the disposition of Xila Communications, LLC pursuant to the Asset Purchase Agreement between CTI Group (Holdings) Inc. and CDS Holdings, LLC (the "CDS Agreement").
- [F2]Reflects the acquisition of 38,147 shares of Class A common stock by Sunset, LLC, of which Mr. Garrison is the managing member, due to the disposition of Xila Communications, LLC pursuant to the CDS Agreement.
- [F3]Mr. Garrison is the sole member of HDG Investments, LLC.
Signature
/s/ Harold D. Garrison|2005-01-25