Itkis Yuri 4
4 · Fortunet, Inc. · Filed Mar 4, 2010
Insider Transaction Report
Form 4
Fortunet, Inc.FNET
Itkis Yuri
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Common Stock
2010-02-18$2.25/sh+2,001,461$4,503,287→ 10,267,961 total(indirect: By Trust)
Footnotes (2)
- [F1]On February 18, 2010, The Yuri Itkis Gaming Trust of 1993 (the "Trust") completed the acquisition of 2,001,461 outstanding shares of the Issuer's common stock pursuant to a tender offer for all of the Issuer's outstanding shares of common stock. The reporting person is the sole trustee and beneficiary of the Trust.
- [F2]The shares are held by the Trust, of which the reporting person is the sole trustee and beneficiary.