SEC Form 4 · accession 0000899243-16-035552
RAND CAPITAL CORP · RAND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
COLMAC HOLDINGS LTD
10% Owner
Period of report
Dec 13, 2016
Accepted (ET)
Dec 14, 2016 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000081955
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 13, 2016 | S | 810,000 | $3.00 | D | 0 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Prior to effecting the sales, Colmac Holdings Ltd. sold its 810,000 shares of common stock of Rand Capital Corporation to its affiliate, Georgian Villas Inc. Georgian Villas Inc. then effected the sales in a series of private transactions on December 13, 2016.