Royce Elaine M 4
4 · TBS INTERNATIONAL LTD · Filed Dec 9, 2008
Insider Transaction Report
Form 4
Royce Elaine M
10% Owner
Transactions
- Purchase
Class A Common Shares, par value $0.01 per shares
2008-12-05$4.31/sh+92,706$399,275→ 92,706 total(indirect: By Spouse)
Holdings
- 745,726
Class B Common Shares, par value $0.01 per share
→ Class A Common Stock (745,726 underlying) - 796,472(indirect: By Spouse)
Class B Common Shares, par value $0.01 per share
→ Class A Common Stock (796,472 underlying) - 1,770,032(indirect: By Trust)
Class B Common Shares, par value $0.01 per share
→ Class A Common Stock (1,770,032 underlying) - 1,719,287(indirect: By Trust)
Class B Common Shares, par value $0.01 per share
→ Class A Common Stock (1,719,287 underlying) - 546,786(indirect: By Trust)
Class B Common Shares, par value $0.01 per share
→ Class A Common Stock (546,786 underlying) - 1,446,208(indirect: By Trust)
Class A Common Shares, par value $0.01 per shares
Footnotes (2)
- [F1]Ms. Royce previously reported indirect beneficial ownership of 684,890 Class A shares and 1,327,200 Class B shares that were owned by Treetops Holdings LLC. She disclaimed beneficial ownership of these shares. Ms. Royce previously acted as trustee for the Jeanine Royce 1997 Trust and the Laura Royce 1997 Trust, which jointly own Treetops Holdings LLC. Effective May 6, 2008, Ms. Royce resigned as trustee of the Royce 1997 trusts, and Deutsche Bank Trust Company Delaware succeeded as independent trustee, and therefore these shares are no longer reported as indirectly beneficially owned.
- [F2]Class B Common Shares are convertible into Class A Common Shares on a one-for-one basis at any time and have no expiration date.