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4//SEC Filing

Pangaea Logistics Solutions Ltd. 4

Accession 0001622009-15-000001

$PANLCIK 0001606909operating

Filed

Aug 30, 8:00 PM ET

Accepted

Aug 31, 2:40 PM ET

Size

5.8 KB

Accession

0001622009-15-000001

Insider Transaction Report

Form 4
Period: 2015-08-28
Coll Edward
DirectorChief Executive Officer10% Owner
Transactions
  • Purchase

    Common Stock, par value $0.0001 per share

    2015-08-28$3.29/sh+11,904$39,1647,507,077 total
Footnotes (2)
  • [F1]The price reported in Column 4 is a weighted average price. These shares of Common Stock were purchased in multiple transactions at prices ranging from $3.25 to $3.30, inclusive. The reporting person undertakes to provide to Pangaea Logistics Solutions, Ltd. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  • [F2]Shares owned by Edward Coll include 7,361,873 restricted common shares and 25,204 common shares acquired in open market purchases. In addition, 120,000 restricted common shares are held by three irrevocable trusts for the benefit of his children Mr. Coll has sole or shared voting power or investment power of all these common shares. Accordingly, solely for purposes of reporting beneficial ownership of such shares pursuant to Section 13(d) of the Exchange Act, Mr. Coll may be deemed to be the beneficial owner of these shares.

Issuer

Pangaea Logistics Solutions Ltd.

CIK 0001606909

Entity typeoperating
IncorporatedBermuda

Related Parties

1
  • filerCIK 0001606909

Filing Metadata

Form type
4
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 2:40 PM ET
Size
5.8 KB