RURAL CELLULAR CORP 4
4 · RURAL CELLULAR CORP · Filed Jul 5, 2007
Insider Transaction Report
Form 4
DOUGLAS KEVIN
10% OwnerOther
Transactions
- Sale
Class A Common Stock
2007-07-03$44.41/sh−19,920$884,743→ 428,514 total(indirect: By Trust) - Sale
Class A Common Stock
2007-07-03$44.41/sh−8,300$368,643→ 185,983 total(indirect: By James E. Douglas III) - Sale
Class A Common Stock
2007-07-02$45.99/sh−1,600$73,579→ 163,400 total(indirect: By the Estate of Cynthia Douglas) - Sale
Class A Common Stock
2007-07-03$44.41/sh−6,640$294,914→ 156,760 total(indirect: By the Estate of Cynthia Douglas) - Sale
Class A Common Stock
2007-07-02$45.99/sh−1,867$85,858→ 194,283 total(indirect: By James E. Douglas III) - Sale
Class A Common Stock
2007-07-02$45.99/sh−7,067$324,991→ 660,578 total - Sale
Class A Common Stock
2007-07-03$44.41/sh−19,090$847,879→ 413,215 total(indirect: By Trust) - Sale
Class A Common Stock
2007-07-03$44.41/sh−29,050$1,290,250→ 631,528 total - Sale
Class A Common Stock
2007-07-02$45.99/sh−4,600$211,541→ 432,305 total(indirect: By Trust) - Sale
Class A Common Stock
2007-07-02$45.99/sh−4,866$223,773→ 448,434 total(indirect: By Trust)
Footnotes (6)
- [F1]These shares are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.
- [F2]Each of the reporting persons hereunder (individually, a 'Reporting Person' and, collectively, the 'Reporting Persons') may be deemed a member of a 'group' within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'), or Rule 13d-5 promulgated under the Exchange Act with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a 'group,' the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person
- [F3]These shares are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust. Kevin Douglas has dispositive power over these shares.
- [F4]These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.
- [F5]These shares are held directly by James E. Douglas, III and indirectly by Kevin Douglas. Kevin Douglas has dispositive power over these shares.
- [F6]These shares are owned solely by the estate of Cynthia Douglas. Cynthia Douglas was a member of a group with the other reporting persons hereunder for purposes of Section 13(d) of the Exchange Act. Kevin Douglas is currently acting as personal representative for the Estate of Cynthia Douglas.