National Properties Trust 4
4 · National Properties Trust · Filed Mar 6, 2017
Insider Transaction Report
Form 4
First Hudson Trust of New York
10% Owner
Transactions
- Sale
Series A Preferred Stock
2015-04-22$60000.00/sh−25,000,000$1,500,000,000,000→ 0 total
Footnotes (3)
- [F1]Series A Preferred Stock is the Control Stock of the corporation, as recorded by the corporation's stock transfer agent.
- [F2]On April 22, 2015, First Hudson Trust of New York ("First Trust"), together with Electronic Merchant Systems Rochester, Inc. ("EMSR"), entered into a stock purchase agreement; whereby, First Trust and EMSR sold their control shares in National Properties Trust.
- [F3]The aggregate purchase price was divided between EMSR and First Trust, and the purchase price was subject to certain offsets, which were identified together with the terms and provisions of that certain stock purchase agreement dated April 22, 2015.