SEC Form 4 · accession 0001209191-17-046652
Straight Path Communications Inc. · STRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard S Jonas
10% Owner
Period of report
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 2:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock par value $.01 per shareF1 | Jul 27, 2017 | S | 21,213 | $179.1074 | D | 0 | I | By The Churchill Legacy LLC |
| Class B Common Stock par value $.01 per share | holding | — | — | — | 14,297 | I | The Jonas Foundation | |
| Class B Common Stock par value $.01 per shareF2 | holding | — | — | — | 1,180,960 | I | By Howard S. Jonas 2017 Annuity Trust | |
| Class B Common Stock par value $.01 per shareF3 | holding | — | — | — | 83,478 | I | By Trust FBO David Jonas | |
| Class B Common Stock par value $.01 per share | holding | — | — | — | 778 | I | Custodial for Son (Jonathan) | |
| Class B Common Stock par value $.01 per share | holding | — | — | — | 778 | I | Custodial for Daughter (Rachel) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 Plan adopted by the Churchill Legacy LLC on July 17, 2017.
- F2Howard S. Jonas is the Trustee of the Trust.
- F3These shares are held in trust for the benefit of the Reporting Person's child. The Reporting Person's spouse is the trustee of the trust. Mr. Jonas disclaims beneficial ownership of these shares and does not exercise or share investment control of these shares.