4//SEC Filing
UNIVERSITY BANCORP INC /DE/ 4
Accession 0001272794-05-000002
$UNIBCIK 0000811211operating
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 3:56 PM ET
Size
6.8 KB
Accession
0001272794-05-000002
Insider Transaction Report
Form 4
RANZINI JOSEPH LANGE
Director10% Owner
Transactions
- Purchase
Common Stock, $.01 par value
2005-02-22+12,800→ 2,011,157 total(indirect: By Trust)
Footnotes (3)
- [F1]Drs. Caulkins, McKibbin & Ranzini , Inc. Profit Sharing Plan FBO: Joseph L. Ranzini placed an order to acquire 18,422 shares of common stock of the Issuer at a limit of $1.90 good till cancelled. The money manager for the pension fund (an unrelated third party not affiliated with the Issuer) manually entered the order incorrectly and purchased 12,800 shares at $2.16. The money manager is correcting the trading error, so that the ultimate purchase will be for 18,422 shares at $1.90 per share effective 2/22/2005
- [F2]Reporting Person is co-trustee of the Trust and primary beneficiary with respect to 1/5 of the assets held by the Trust. Reporting Person disclaims beneficial ownership of the shares held by trusts for which he is a primary beneficiary and this report shall not be deemed an admission that Reporting Person is the beneficial owner thereof for purposes of Section 16, or for any other reason.
- [F3]Reporting Person holds a 6.652% limited partnership interest in Orpheus Capital, LP, and is UTMA custodian for his two minor children for an additional 5.246%, and is co-trustee of the General Partner of the Trust (of which he is primary beneficiary with respect to 1/5 of the assets held by the Trust) that is the General Partner of Orpheus Capital, LP. This report shall not be deemed an admission that Reporting Person is the beneficial owner of the shares held by either the Trust or Orpheus Capital, LP for purposes of Section 16, or for any other reason.
Documents
Issuer
UNIVERSITY BANCORP INC /DE/
CIK 0000811211
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000811211
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 3:56 PM ET
- Size
- 6.8 KB