SEC Form 4 · accession 0001606909-17-000105
Pangaea Logistics Solutions Ltd. · PANL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony Laura
Director
Period of report
Nov 15, 2017
Accepted (ET)
Nov 16, 2017 · 10:18 am EST
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 | Nov 15, 2017 | S | 5,000 | $4.5609 | D | 1,825,013 | D | |
| Common Share $0.0001 Par ValueF2 | Nov 15, 2017 | S | 4,000 | $4.4571 | D | 380,235 | I | Anthony Laura Irrevocable Trust for benefit of Anthony M Laura |
| Common Share $0.0001 Par ValueF2 | Nov 15, 2017 | S | 4,000 | $4.4571 | D | 380,235 | I | Anthony Laura Irrevocable Trust for benefit of Lisa Laura |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were sold in open market transactions.
- F2The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $4.45 to $4.47, inclusive. The reporting person undertakes to provide to Pangaea Logistics Solutions, Ltd. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.