SEC Form 4 · accession 0001140361-15-021380
AMBASSADORS GROUP INC · EPAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jefferson Gramm
Director
Period of report
May 14, 2015
Accepted (ET)
May 21, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001162315
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | May 14, 2015 | A | 9,766 | $0.00 | A | 32,890 | D | |
| COMMON STOCKF2 | holding | — | — | — | 3,051,697 | I | By Bandera Master Fund L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to a Restricted Stock Award Agreement with the Company dated May 14, 2015, this stock grant will vest on the first anniversary of the date of the award, or the occurrence of the Company's annual stockholders' meeting next following the date of the award, whichever shall occur first.
- F2Represents shares owned directly by Bandera Master Fund L.P. ("Bandera Master Fund"). The Reporting Person, solely by virtue of his position as a managing partner, managing director and portfolio manager of Bandera Partners LLC ("Bandera Partners"), the investment manager of Bandera Master Fund, may be deemed to beneficially own the shares owned directly by Bandera Master Fund for purposes of Section 16. The Reporting Person expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.