FARBER DAVID 4
4 · LANNETT CO INC · Filed Sep 24, 2012
Insider Transaction Report
Form 4
FARBER DAVID
10% Owner
Transactions
- Other
Common Stock
2012-09-21$5.03/sh−450,000$2,263,500→ 5,139,830 total(indirect: See Footnote)
Footnotes (2)
- [F1]Pursuant to agreemnts entered into on September 21, 2012, 225,000 shares were distributed from Farber Properties, LLC to Jeffrey Farber and 225,000 shares were distributed from Farber Properties, LLC to Jill Farber.
- [F2]4,550,000 shares held by Farber Properties, LLC; David Farber is a Member and Manager and has a 50% ownership stake; He disclaims beneficial ownership of 2,275,000 shares. 38,000 shares held by Farber Investment, LLC; David Farber is a 25% partner; David disclaims beneficial ownership of all but 9,500 shares. 528,142 shares held by Farber Family, LLC; Farber Family, LLC is managed by David and Jeffrey Farber; Both disclaim benefical ownership of these shares. 7,488 shares held by David Farber as custodian for his children; 16,200 shares held by William Farber as custodian for David Farber's children.