4//SEC Filing
ROYCE JOSEPH E 4
Accession 0001209191-11-043245
CIK 0001479920other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 6:06 PM ET
Size
18.5 KB
Accession
0001209191-11-043245
Insider Transaction Report
Form 4
ROYCE JOSEPH E
DirectorPresident and CEO10% Owner
Transactions
- Award
Class A Ordinary Shares, par value $0.01 per share
2011-08-05+13,720→ 126,943 total
Holdings
- 270,206(indirect: By Spouse)
Class A Ordinary Shares, par value $0.01 per share
- 2,299,028
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary shares, par value $0.01 per share (2,299,028 underlying) - 22,747
Series B Preference Shares, par value $0.01 per share
→ Class B Ordinary shares, par value $0.01 per share (583,080 underlying) - 245,674(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary shares, par value $0.01 per share (245,674 underlying) - 2,270,084(indirect: By Spouse)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary shares, par value $0.01 per share (2,270,084 underlying) - 1,646,786(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary shares, par value $0.01 per share (1,646,786 underlying) - 53,078
Series A Preference Shares, par value $0.01 per share
→ Class A Ordinary shares, par value $0.01 per share (2,667,169 underlying) - 196,208(indirect: By Trust)
Class A Ordinary Shares, par value $0.01 per share
- 346,208(indirect: By Trust)
Class A Ordinary Shares, par value $0.01 per share
- 2,013,517(indirect: By Trust)
Class B Ordinary Shares, par value $0.01 per share
→ Class A Ordinary shares, par value $0.01 per share (2,013,517 underlying)
Footnotes (5)
- [F1]Restricted Class A Ordinary Shares were granted to the individual on August 5, 2011 and will vest in two equal annual installments beginning July 31, 2012.
- [F2]The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F3]Series B Preference Shares are convertible into Class B Ordinary Shares on a 25.6333-for-1 basis at any time and have no expiration date. If the Series B Preference Shares remain outstanding, the applicable conversion rate will change as follows: 26.4023-for-1 beginning December 31, 2011; 27.1944-for-1 beginning June 30, 2012; 28.0102-for-1 beginning December 31, 2012; 28.8505-for-1 beginning June 30, 2013; 29.7161-for-1 beginning December 31, 2013; 30.6075-for-1 beginning June 30, 2014; and 31.5258-for-1 beginning December 31, 2014.
- [F4]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.
- [F5]Series A Preference Shares are convertible into Class A Ordinary Shares on a 50.2500-for-1 basis at any time and have no expiration date. If the Series A Preference Shares remain outstanding, the applicable conversion rate will change as follows: 51.7575-for-1 beginning December 31, 2011; 53.3102-for-1 beginning June 30, 2012; 54.9095-for-1 beginning December 31, 2012; 56.5568-for-1 beginning June 30, 2013; 58.2535-for-1 beginning December 31, 2013; 60.0011-for-1 beginning June 30, 2014; and 61.8012-for-1 beginning December 31, 2014.
Documents
Issuer
TBS International plc
CIK 0001479920
Entity typeother
Related Parties
1- filerCIK 0000939959
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 6:06 PM ET
- Size
- 18.5 KB