SEC Form 4 · accession 0001391609-19-000024
Andover National Corp · AANC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Charles Piermont
Officer — COO, President and Secretary · Director · 10% Owner
Period of report
Jan 29, 2019
Accepted (ET)
Jan 31, 2019 · 5:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001712543
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 29, 2019 | P | 250,000 | $0.0384 | A | 2,924,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 250,000 shares acquired here represent that portion of the 2,924,100 shares that were required to be delivered to Mr. Piermont pursuant to the terms of that certain Stock Purchase Agreement dated as of September 25, 2018, by and among the Company, the stockholders of the Company (collectively, the "Sellers"), John D. Thomas, P.C., as the Sellers' Representative, and Windber National LLC, The Peter A. Cohen Revocable Trust, Blumenthal Family Investment Joint Venture, L.P., and Jeffrey C. Piermont, but which the Sellers failed to previously deliver. Such 250,000 shares were delivered on January 29, 2019.