Buckingham Robert D 4
4 · National American University Holdings, Inc. · Filed Jul 22, 2011
Insider Transaction Report
Form 4
Buckingham Robert D
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock
2011-07-20$5.50/sh+28,853$158,692→ 10,354,683 total(indirect: By Partnership) - Sale
Common Stock
2011-07-20$9.23/sh−17,194$158,701→ 10,337,489 total(indirect: By Partnership) - Exercise of In-Money
Common Stock Purcase Warrant (right to buy)
2011-07-20−28,853→ 925,913 total(indirect: By Partnership)Exercise: $5.50From: 2009-11-23Exp: 2011-11-22→ Common Stock (28,853 underlying)
Holdings
- 3,457,864(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F2]On July 20, 2011, H. & E. Buckingham Limited Partnership (the "Partnership") exercised warrants to purchase 28,853 shares of the Issuer's common stock for $5.50 a share. The Partnership paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 17,194 of the warrant shares to pay the exercise price and issuing to the Partnership the remaining 11,659 shares. The Issuer also paid $9.12 to the Partnership in lieu of a fractional share.