SEC Form 4/A · accession 0000353184-18-000051
AIR T INC · AIRT
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
Nicholas John Swenson
Officer — CEO · Director · 10% Owner
Period of report
Dec 19, 2018
Accepted (ET)
Dec 21, 2018 · 12:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000353184
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 19, 2018 | P | 222 | $28.73 | A | 33,303 | I | By Groveland Capital, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $8.62 | holding | — | — | — | Aug 30, 2013 | Aug 30, 2022 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1The reported securities are owned directly by Groveland Capital, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland Capital, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Included in the reported securities are shares that were previously owned by Groveland Hedged Credit Fund, LLC and subsequently transferred to Groveland Capital, LLC via transactions exempt from reporting under Rule 16a-13.