SEC Form 4/A · accession 0001209191-16-152799
Pendrell Corp · PCOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Lee E Mikles
Officer — President and CEO · Director
Period of report
Nov 23, 2016
Accepted (ET)
Dec 1, 2016 · 7:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001359555
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2,F3 | Nov 23, 2016 | S | 5,500 | $6.4025 | D | 7,000 | I | By revocable trust |
| Class A Common StockF1,F2,F4 | Nov 25, 2016 | S | 5,000 | $6.4227 | D | 2,000 | I | By revocable trust |
| Class A Common StockF1,F2,F5 | Nov 28, 2016 | S | 2,000 | $6.3901 | D | 0 | I | By revocable trust |
| Class A Common StockF6 | holding | — | — | — | 111,257 | D | ||
| Class A Common StockF7 | holding | — | — | — | 12,579 | I | By spouse | |
| Class A Common StockF8 | holding | — | — | — | 8,610 | I | By trust for the benefit of children | |
| Class A Common Stock | holding | — | — | — | 1,000 | I | By trust for the benefit of daughter | |
| Clsas A Common Stock | holding | — | — | — | 100 | I | By custodial account for the benefit of son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The transaction was inadvertently reported on Form 4 filed on November 28, 2016 as a sale of shares from the reporting person's direct holdings rather than from the Lee E. Mikles Revocable Trust.
- F2In Forms 4 filed on March 13, 2015, March 18, 2015 and June 16, 2015, ownership of 125,000 pre-split shares of Class A Common Stock (rather than 161,100 shares) should have been attributed to Mr. Mikles' revocable trust. Ownership of an additional 36,100 pre-split shares of Class A Common Stock should have been attributed to the trust for the benefit of Mr. Mikles' children.
- F3Represents the weighted average sales price. The highest price at which shares were sold was $6.45212 and the lowest price at which shares were sold was $6.375703. The reporting person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer or its shareholders, full information regarding the number of shares purchased or sold at each separate price.
- F4Represents the weighted average sales price. The highest price at which shares were sold was $6.435187 and the lowest price at which shares were sold was $6.40387. The reporting person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer or its shareholders, full information regarding the number of shares purchased or sold at each separate price.
- F5Represents the weighted average sales price. The highest price at which shares were sold was $6.4262 and the lowest price at which shares were sold was $6.354. The reporting person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer or its shareholders, full information regarding the number of shares purchased or sold at each separate price.
- F6Includes 7,941 shares of Class A Common Stock held in the reporting person's individual retirement account.
- F7Includes 230 shares of Class A Common Stock held in the individual retirement account of the reporting person's spouse.
- F8In Forms 4 filed on March 13, 2015, March 18, 2015 and June 16, 2015, ownership of 86,100 pre-split shares of Class A Common Stock (rather than 50,000 shares) should have been attributed to the trust for the benefit of Mr. Mikles' children. Ownership of 36,100 pre-split shares of Class A Common Stock was inadvertently attributed to Mr. Mikles' revocable trust.