Cumming John D. 4
4 · Crimson Wine Group, Ltd · Filed Sep 18, 2020
Insider Transaction Report
Form 4
Cumming John D.
Director
Transactions
- Gift
Common Stock
2019-12-31+2,410,828→ 2,410,828 total(indirect: By CLAT)
Holdings
- 579,547
Common Stock
Footnotes (1)
- [F1]Represents shares (the "Shares") held by The Ian M. Cumming Charitable Lead Annuity Trust (the "CLAT"). On December 31, 2019, the CLAT acquired the Shares through a gift by the Estate of Ian M. Cumming, which the reporting person previously served as the personal representative for. On April 15, 2020, Teton Holdings Corporation CCS ("Teton") replaced the reporting person as the trustee for CLAT. The reporting person owns a 50% interest in Teton and serves as a member of the board of directors and as a member of the investment committee of Teton. The reporting person also holds a remainder interest in the CLAT. The reporting person disclaims beneficial ownership of the Shares except to the extent of his pecuniary interest therein.