4//SEC Filing
CRONOS GROUP 4
Accession 0001209191-06-036228
CIK 0000919869operating
Filed
Jun 12, 8:00 PM ET
Accepted
Jun 13, 3:26 PM ET
Size
9.0 KB
Accession
0001209191-06-036228
Insider Transaction Report
Form 4
CRONOS GROUPCRNS
WALKER STEPHEN NICHOLAS
Director10% OwnerOther
Transactions
- Award
Common Shares
2006-06-09+1,500→ 35,802 total
Holdings
- 1,374,222(indirect: See Footnotes (3), (4) and (5).)
Common Shares
Footnotes (5)
- [F1]Restricted shares granted to Stephen Nicholas Walker under The Cronos Group's 2005 Equity Incentive Plan.
- [F2]These 35,802 common shares of the The Cronos Group ("Issuer") are owned directly by Mr. Walker.
- [F3]Mr. Walker may be deemed to beneficially own 1,374,222 common shares of the Issuer (the "Walker Shares"), representing 18.1% of the 7,599,347 outstanding common shares of the Issuer as reported in the Issuer's Proxy Statement on Schedule 14A for its 2006 annual meeting. The Walker Shares include 38,000 common shares of the Issuer owned directly by YorkProp Limited, a company incorporated under the laws of the British Virgin Islands ("YorkProp Ltd."). Mr. Walker is a potential beneficiary of a trust which owns the parent of YorkProp Ltd. Other than for his beneficial ownership in said trust, Mr. Walker disclaims beneficial ownership of the common shares of the Issuer owned by YorkProp Ltd. except to the extent of his pecuniary interest in YorkProp Ltd. by reason of his position as Managing Director of YorkProp Ltd. and Managing Director of York Asset Management Limited, a company incorporated in the Commonwealth of the Bahamas ("YAML") and the Investment Manager of YorkProp Ltd
- [F4]The Walker Shares also include 249,152 common shares of the Issuer which are owned directly by York Lion Fund, L.P., a Delaware limited partnership ("Lion L.P.") and indirectly by York GP, Ltd., a Cayman Islands exempted company and the general partner of Lion L.P. (the "General Partner"). Mr. Walker is the Managing Director of the General Partner. Mr. Walker's IRA owns a 0.75% interest in Lion L.P. and Mr. Walker is a beneficiary of a trust which owns an 84% interest in Lion L.P. Other than for his beneficial interest in said IRA and said trust, Mr. Walker disclaims any beneficial interest in the common shares of the Issuer owned by Lion L.P. except to the extent of his pecuniary interest in Lion L.P. by reason of his position as Managing Director of the General Partner.
- [F5]The Walker Shares also include 1,087,070 common shares of the Issuer which are directly owned by The Lion Fund Limited, a Cayman Islands exempted company ("LFL"). LFL is managed by YAML. Mr. Walker is the Managing Director of YAML. Mr. Walker is also a potential beneficiary of two trusts which collectively own 5% of the outstanding capital stock of LFL. Other than for his potential beneficial interest in said trusts, Mr. Walker disclaims beneficial ownership of the common shares of the Issuer owned by LFL except to the extent of his pecuniary interest in LFL by reason of his position as Managing Director of YAML.
Documents
Issuer
CRONOS GROUP
CIK 0000919869
Entity typeoperating
Related Parties
1- filerCIK 0000919869
Filing Metadata
- Form type
- 4
- Filed
- Jun 12, 8:00 PM ET
- Accepted
- Jun 13, 3:26 PM ET
- Size
- 9.0 KB