BERUBE DENIS K 4
4 · L-1 IDENTITY SOLUTIONS, INC. · Filed Nov 19, 2008
Insider Transaction Report
Form 4
BERUBE DENIS K
Director
Transactions
- Sale
Common Stock
2008-11-19$4.75/sh−300,000$1,425,000→ 812,581 total(indirect: See Footnote)
Holdings
- 58,281
Common Stock
- 400(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]These shares were sold in a privately negotiated transaction by Lau Acquisition Corp. to Robert V. LaPenta, Chairman, President & CEO of L-1 Identity Solutions, Inc. Mr. Berube is a director of L-1 Identity Solutions, Inc. and, along with his spouse, Joanna T. Lau, owns 56% of Lau Acquisition Corp (see footnote 2). The shares were sold in order to satisfy certain pre-existing financial commitments of Lau unrelated to L-1 or Mr. LaPenta.
- [F2]Reflects shares held by Lau Acquisition Corp., doing business as Lau Technologies. Mr. Berube and his spouse, Joanna T. Lau, own approximately 56% of the outstanding capital stock of Lau Technologies. Mr. Berube disclaims beneficial ownership of the shares held by Lau Technologies.
- [F3]Reflects shares held by Joanna T. Lau, Mr. Berube's spouse. Mr. Berube disclaims beneficial ownership of the shares held by Ms. Lau.