4//SEC Filing
FERRARO JOHN F 4
Accession 0001354488-09-001457
CIK 0000351902other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 9:19 AM ET
Size
10.2 KB
Accession
0001354488-09-001457
Insider Transaction Report
Form 4
FERRARO JOHN F
DirectorChairman10% OwnerOther
Transactions
- Other
Common Stock, $.01 par value
2009-08-11$0.25/sh+150,000$37,500→ 989,561 total - Other
Common Stock, $.01 par value
2009-08-11$0.25/sh+50,000$12,500→ 135,793 total(indirect: By Trust) - Other
Common Stock, $.01 par value
2009-08-11$0.25/sh+18,947$4,737→ 41,929 total(indirect: By Trust)
Footnotes (4)
- [F1]In accordance with past practices, the acquired shares were valued at one third (1/3) of the closing market price of the issuer as of the date of the allocation of the transaction. The shares were issued as a stock bonus in recognition of and as recompense for a voluntary salary reduction and deferral by the Reporting Person; no cash was used to acquire the subject shares.
- [F2](a) Excludes the shares held in trust under the 401(k) Plan for the Reporting Person???s personal 401(k) account. (b) Includes the entire holdings for the 401(k) Plan.
- [F3]The Reporting Person is a trustee of the Thermodynetics, Inc. 401(k) Employee Retirement Savings Plan. The acquired shares (50,000 shares) for the Issuer?s 401(k) Plan aggregate account reported herein have been issued to the Issuer?s 401(k) Employee Retirement Savings Plan as a matching contribution made by the Issuer and are being held in trust for all qualified plan participants by the trustees of the Plan. The information in the corresponding row of Table I relates solely to the aggregate 401(k) Plan holdings. Of such 50,000 shares 25,000 shares were allocated with respect to the 2008 Plan year and 25,000 shares were allocated with respect to the 2007 Plan year.
- [F4]The acquired shares (18,947 shares) for the Reporting Person's personal 401(k) account reported herein have been issued to the Issuer's 401(k) Plan as a matching contribution made by the Issuer and are being held in trust by the trustees of the Plan; the Reporting Person is a Trustee of the Plan. The information in the corresponding row of Table I relates solely to the Reporting Person's personal 401(k) account. Of such 18,947 shares, 10,681 shares were allocated with respect to the 2007 Plan year, and 8266 shares were allocated with respect to the 2008 Plan year.
Documents
Issuer
THERMODYNETICS INC
CIK 0000351902
Entity typeother
Related Parties
1- filerCIK 0000924116
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 9:19 AM ET
- Size
- 10.2 KB