STANDARD DIVERSIFIED OPPORTUNITIES INC. 4
4 · STANDARD DIVERSIFIED OPPORTUNITIES INC. · Filed Jun 13, 2017
Insider Transaction Report
Form 4
Estus Ian
Director
Transactions
- Other
Common Stock, par value $0.01
2017-05-30−150,000→ 0 total - Other
Class A Common Stock, par value $0.01
2017-05-30+6,000→ 6,000 total - Other
Class B Common Stock, par value $0.01
2017-06-01+6,000→ 6,000 total - Award
Class A Common Stock, par value $0.01
2017-06-09+85,086→ 91,086 total
Footnotes (3)
- [F1]Pursuant to a reclassification exempt under Rule 16b-7, the Issuer's previously existing Common Stock ($0.01 par value per share) was reclassified into Class A Common Stock ($0.01 par value per share), immediately and automatically, at a ratio of one (1) share of Class A Common Stock for every twenty-five (25) shares of previously existing Common Stock.
- [F2]On June 1, 2017, the Issuer declared a stock dividend, payable to all holders of record of Class A Common Stock on June 2, 2017, of one share of Class B Common Stock for each share of Class A Common Stock outstanding. The Class B Common Stock is convertible into shares of Class A Common Stock on a one-for-one basis.
- [F3]Represents restricted shares granted as employee compensation. These shares will vest in three equal annual installments beginning on the first anniversary of the date of grant.