SEC Form 4 · accession 0001606909-17-000060
Pangaea Logistics Solutions Ltd. · PANL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Coll
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001606909
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Share $0.0001 Par ValueF1 | Jun 15, 2017 | A | 842,894 | $2.25 | A | 8,229,971 | D | |
| Common Share $0.0001 Par Value | holding | — | — | — | 40,000 | I | By the Edward Coll and Julia Coll Irrevocable Trust for the benefit of Andrew Coll | |
| Common Share $0.0001 Par Value | holding | — | — | — | 40,000 | I | By the Edward Coll and Julia Coll Irrevocable Trust for the benefit of James Coll | |
| Common Share $0.0001 Par Value | holding | — | — | — | 40,000 | I | By the Edward Coll and Julia Coll Irrevocable Trust for the benefit of Aidan Coll |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Common Shares were purchased in an unregistered private placement by the Company pursuant to a subscription agreement dated as of June 15, 2017.