Bayley James W 4
4 · TBS International plc · Filed Jan 24, 2011
Insider Transaction Report
Form 4
Bayley James W
DirectorVice President
Transactions
- Award
Class A Ordinary Shares, par value $0.01 per share
2011-01-21+496,268→ 889,207 total(indirect: By Standcrown Limited) - Disposition to Issuer
Class B Ordinary Shares, par value $0.01 per share
2011-01-21−496,268→ 300,000 total(indirect: By Standcrown Limited)Exercise: $0.00→ Class A Ordinary Shares (496,268 underlying)
Footnotes (3)
- [F1]Converted 496,268 Class B Ordinary Shares into an equal number of Class A Ordinary Shares. No Exercise price was paid on the conversion.
- [F2]These shares are directly held by Standcrown Limited, a company beneficially owned by the reporting person.
- [F3]Class B Ordinary Shares currently are convertible into Class A Ordinary Shares on a one-for-one basis at any time and have no expiration date.