TBS INTERNATIONAL LTD 4
4 · TBS INTERNATIONAL LTD · Filed Jul 1, 2005
Insider Transaction Report
Form 4
McNelis Gregg L
DirectorSenior Executive V. P. and COO10% Owner
Transactions
- Exercise/Conversion
Class A Common Shares, par value $0.01 per share
2005-06-29+303,432→ 178,432 total(indirect: By Trust) - Exercise/Conversion
Class B Common Shares, par value $0.01 per share
2005-06-29+734,153→ 734,153 total - Sale
Class A Common Shares, par value $0.01 per share
2005-06-29−171,786→ 207,067 total - Exercise/Conversion
Class B Common Shares, par value $0.004 per share
2005-06-29−96,000→ 0 total→ See Note - Exercise/Conversion
Warrants, par value $0.004 per share
2005-06-29−51,603→ 0 total→ See Note - Exercise/Conversion
Class A Common Shares, par value $0.004 per share
2005-06-29−50,000→ 0 total(indirect: By Trust)→ See Note - Exercise/Conversion
Preference Shares, par value $0.004 per share
2005-06-29−150,000→ 0 total(indirect: By Trust)→ See Note - Exercise/Conversion
Class A Common Shares, par value $0.01 per share
2005-06-29+378,853→ 378,853 total - Exercise/Conversion
Class B Common Shares, par value $0.01 per share
2005-06-29+84,000→ 84,000 total(indirect: By Trust) - Exercise/Conversion
Class B Common Shares, par value $0.01 per share
2005-06-29+588,000→ 713,000 total(indirect: By Trust) - Exercise/Conversion
Preference Shares, par value $0.004 per share
2005-06-29−15,000→ 0 total→ See Note - Exercise/Conversion
Class C Common Shares, par value $0.004 per share
2005-06-29−50,000→ 0 total(indirect: By Trust)→ See Note - Exercise/Conversion
Class A Common Shares, par value $0.01 per share
2005-06-29+43,347→ 43,347 total(indirect: By Trust) - Exercise/Conversion
Class A Common Shares, par value $0.004 per share
2005-06-29−254,000→ 0 total→ See Note
Footnotes (18)
- [F1]These shares resulted from the share conversions, consolidations, redesignations and warrant exercise of the Issuer's issued and outstanding shares which are expected to occur in conjunction with its planned initial public offering and reflected in the Issuer's Form S-1 (File No. 333-123157).
- [F10]These shares automatically converted upon the share conversions, consolidations, redesignations and warrant exercise of the Issuer's issued and outstanding shares which are expected to occur in conjunction with its planned initial public offering and reflected in the Issuer's Form S-1 (File No. 333-123157).
- [F11]Not applicable.
- [F12]In conjunction with the Issuer's planned initial public offering, these Class A common shares, par value $0.004 per share, converted into 220,205 New Class A common shares, par value $0.01 per share, and 426,720 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F13]In conjunction with the Issuer's planned initial public offering, these Class B common shares, par value $0.004 per share, converted into 72,755 New Class A common shares, par value $0.01 per share, and 140,988 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F14]In conjunction with the Issuer's planned initial public offering, these Warrants, par value $0.004 per share, converted into 59,884 New Class A common shares, par value $0.01 per share, and 116,045 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F15]In conjunction with the Issuer's planned initial public offering, these Preference Shares, par value $0.004 per share, converted into 26,008 New Class A common shares, par value $0.01 per share, and 50,400 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F16]In conjunction with the Issuer's planned initial public offering, these Class C common shares, par value $0.004 per share, converted into 43,347 New Class A common shares, par value $0.01 per share, and 84,000 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F17]In conjunction with the Issuer's planned initial public offering, these Class A common shares, par value $0.004 per share, converted into 43,437 New Class A common shares, par value $0.01 per share, and 84,000 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F18]In conjunction with the Issuer's planned initial public offering, these Preference Shares, par value $0.004 per share, converted into 260,085 New Class A common shares, par value $0.01 per share, and 504,000 New Class B common shares, par value $0.01 per share, of the Issuer.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- [F3]These shares are directly held by the Gregg L. McNelis Jr. 2004 Irrevocable Trust and indirectly held by Susanne E. McNelis.
- [F4]These shares are directly held by the Diana McNelis 2004 Irrevocable Trust and indirectly held by Susanne E. McNelis.
- [F5]These shares are directly held by the Brandon McNelis 2004 Irrevocable Trust and indirectly held by Susanne E. McNelis.
- [F6]Pursuant to the provisions in the Issuer's amended and restated bye-laws, these shares are convertible into an equal number of Class B common shares, par value $0.01 per share.
- [F7]These shares are owned directly by the Gregg L. McNelis 2005 Qualified Grantor Retained Annuity Trust (GRAT), and indirectly by Gregg L. McNelis as trustee of the trust.
- [F8]Pursuant to the provisions in the Issuer's amended and restated bye-laws, these shares are convertible into an equal number of Class A common shares, par value $0.01 per share.
- [F9]These shares are owned directly by the Susanne E. McNelis 2005 Qualified Grantor Retained Annuity Trust (GRAT), and indirectly by Susanne E. McNelis as trustee of the trust.