SEC Form 4 · accession 0001193805-18-000323
Rand Logistics, Inc. · RLOG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Lundin
Director
Period of report
Mar 1, 2018
Accepted (ET)
Mar 1, 2018 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294250
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2018 | J | 110,529 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the Issuer's Joint Prepackaged Plan of Reorganization Pursuant to Chapter 11 of the Bankruptcy Code, which was confirmed by the United States Bankruptcy Court for the District of Delaware on February 28, 2018 and became effective on March 1, 2018, each share of the Issuer's common stock and options to purchase the Issuer's common stock outstanding prior to the Issuer's emergence from bankruptcy were cancelled for no value. Additionally, in connection with the Issuer's emergence from bankruptcy, the reporting person resigned all positions with the Issuer effective on March 1, 2018. As a result, the reporting person is no longer subject to Section 16 in connection with his transactions in the equity securities of Rand Logistics, Inc. and therefore will no longer report any such transactions on Form 4 or Form 5.