HAWAIIAN HOLDINGS INC 4
4 · HAWAIIAN HOLDINGS INC · Filed Feb 16, 2016
Insider Transaction Report
Form 4
Hirzel Zac
10% Owner
Transactions
- Sale
Common Stock
2016-02-11$33.99/sh−1,964$66,766→ 12,572 total(indirect: See footnote) - Sale
Common Stock
2016-02-11$33.99/sh−84,689$2,878,986→ 550,471 total(indirect: See footnote) - Sale
Common Stock
2016-02-11$33.99/sh−8,480$288,276→ 48,755 total(indirect: See footnote)
Holdings
- 7,952
Common Stock
Footnotes (5)
- [F1]The sale price reported in column 4 of Table I represents the weighted average sale price of the shares sold ranging from $33.93 to $34.07 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- [F2]The filing of this Form 4 shall not be construed as an admission that Hirzel Capital Management LLC ("Hirzel Capital") or Zac S. Hirzel, the President of Hirzel Capital, is or was for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owner of any of the Common Stock of the Issuer purchased by certain private funds to which Hirzel Capital serves as the general partner or managing member. Pursuant to Rule 16a-1, both Hirzel Capital and Mr. Hirzel disclaim such beneficial ownership.
- [F3]Following the sale, Hirzel Capital holds indirectly 550,471 shares of Common Stock of the Issuer through the account of a private fund ("Account 1"), for which Hirzel Capital is the general partner. Hirzel Capital receives a portion of the profits in the form of a capital allocation from, and owns a partnership interest in, Account 1. Zac S. Hirzel reports the Common Stock held indirectly by Account 1 because, as the President of Hirzel Capital at the time of sale, he controlled the disposition and voting of the securities.
- [F4]Following the sale, Hirzel Capital holds indirectly 12,572 shares of Common Stock of the Issuer through the account of a private fund ("Account 2"), for which Hirzel Capital is the general partner. Hirzel Capital receives a portion of the profits in the form of a capital allocation from, and owns a partnership interest in, Account 2. Zac S. Hirzel reports the Common Stock held indirectly by Account 2 because, as the President of Hirzel Capital at the time of sale, he controlled the disposition and voting of the securities.
- [F5]Hirzel Capital holds indirectly 48,755 shares of Common Stock of the Issuer through the account of a private fund ("Account 3"), for which Hirzel Capital is the managing member. Hirzel Capital receives a portion of the profits in the form of a capital allocation from, and owns a membership interest in Account 3. Zac Hirzel reports the Common Stock held indirectly by Account 3 because, as the President of Hirzel Capital, he controls the disposition and voting of the securities.