GOLDMAN MICHAEL 4
4 · COLONIAL COMMERCIAL CORP · Filed May 26, 2011
Insider Transaction Report
Form 4
GOLDMAN MICHAEL
Director10% OwnerOther
Transactions
- Purchase
Common Stock
2011-05-25$0.40/sh+4,800$1,920→ 1,914,842 total(indirect: By Goldman Associates)
Holdings
- 247,009
Common Stock
- 91,065
Convertible Preferred Stock
→ Common Stock (91,065 underlying)
Footnotes (5)
- [F1]Mr. Goldman owns 48% of Goldman Associates of New York, Inc. ("Goldman Associates") and controls Goldman Associates. Goldman Associates owns 3,989,255 shares of common stock in Colonial Commercial Corp. (the "Company"). Mr. Goldman, through Goldman Associates, owns the pecuniary interest in 1,914,842 (48%) of these shares of common stock of the Company. Mr. Goldman, as president of Goldman Associates, has the sole voting and investment power over all 3,989,255 shares of common stock of the Company that are owned by Goldman Associates and is deemed to be the beneficial owner of these shares under Section 13(d) of the Securities Exchange Act of 1934.
- [F2]Excludes 20,000 shares owned by Mr. Goldman's wife. Mr. Goldman disclaims beneficial ownership of said shares.
- [F3]One-for-one
- [F4]Immediately
- [F5]There is no expiration date for Convertible Preferred Stock.