4//SEC Filing
Herbst Marcel 4
Accession 0001680070-18-000003
CIK 0000709005other
Filed
Aug 30, 8:00 PM ET
Accepted
Aug 31, 2:21 PM ET
Size
6.3 KB
Accession
0001680070-18-000003
Insider Transaction Report
Form 4
NOBLE ROMANS INCNROM
Herbst Marcel
Director
Transactions
- Sale
Common Stock
2018-08-23$0.63/sh−98,000$61,769→ 412,000 total(indirect: footnote)
Footnotes (3)
- [F1]The shares were purchased in multiple transactions between the dates of 8/23/18 and 8/30/18. The reporting person undertakes to provide to Noble Romans Corp., any security holder of Noble Romans Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such date range.
- [F2]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.61 to $0.64, inclusive. The reporting person undertakes to provide to Noble Romans Corp., any security holder of Noble Romans Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- [F3]226000 shares are held in the account of Herbst Capital Management, LLC. (the ""fund"") for which Herbst Capital Partners, LLC (the ""General Partner"") serves as its manager. Marcel Herbst is the General Manager of Herbst Capital Partners, LLC and also serves as the Portfolio Manager of Herbst Capital Management, LLC. Mr. Herbst may be deemed to beneficially own these securities held by the fund by virtue of the General Partner's position in the fund and Mr. Herbst's status as the general manager of the General Partner and his status as portfolio manager of the fund. 186000 shares are held in individual client accounts over which Marcel Herbst has discretionary trading authority. By virtue of this discretionary trading authority, these shares can be deemed beneficially owned"
Documents
Issuer
NOBLE ROMANS INC
CIK 0000709005
Entity typeother
Related Parties
1- filerCIK 0001680070
Filing Metadata
- Form type
- 4
- Filed
- Aug 30, 8:00 PM ET
- Accepted
- Aug 31, 2:21 PM ET
- Size
- 6.3 KB