TEL OFFSHORE TRUST 4
4 · TEL OFFSHORE TRUST · Filed Feb 27, 2017
Insider Transaction Report
Form 4
TEL OFFSHORE TRUSTTELOZ
SPEISMAN ALBERT
10% Owner
Transactions
- Other
Tel Offshore Trust Units
2017-02-22$0.25/sh−28,100$7,025→ 464,206 total
Footnotes (4)
- [F1]On 2/16/17, 28,100 units of Tel Offshore Trust (TELOZ) was purchased on the open market for the account of Albert Speisman as trustee, Speisman Law, LLC Retirement Account For the Benefit of Joyce E. Speisman.
- [F2]On 2/22/17, those 28,100 units of Tel Offshore Trust (TELOZ) were transferred as an in-service distribution from the Albert Speisman as trustee, Speisman Law, LLC Retirement FBO Joyce E. Speisman account to Joyce E. Speisman's PCRA Roth Retirement Account. Joyce E. Speisman is the trustee, and the only trustee, of her PCRA Roth Retirement Account. Joyce E. Speisman is also the only one having a beneficial interest in her PCRA Roth Retirement Account.
- [F3]Albert Speisman disclaims any beneficial interest in Tel Offshore Trust units in Joyce E. Speisman's PCRA Roth Retirement Account. In addition, Albert Speisman disclaims any beneficial interest in any other Tel Offshore units Joyce E. Speisman owns.
- [F4]Effective 2/22/17, Albert Speisman beneficially owned 464,206 units of Tel Offshore Trust. He is therefore no longer a 10%+ owner in Tel Offshore Trust units.