Filing Details

Accession Number:
0001209191-10-019790
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-01 13:00:00
Reporting Period:
2010-04-01
Filing Date:
2010-04-01
Accepted Time:
2010-04-01 16:23:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
911650 Navarre Corp NAVR Wholesale-Computers & Peripheral Equipment & Software (5045) 411704319
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
938019 H Eric Paulson 7400 49Th Ave. N.
New Hope MN 55428
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-04-01 10,000 $2.00 1,595,119 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Acquisiton 2010-04-01 12,000 $0.00 12,000 $2.04
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
12,000 2011-04-01 2020-03-31 No 4 A Direct
Footnotes
  1. Open market sale pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. This transaction was executed in multiple trades on the same day at actual sales prices ranging from $2.00 to $2.02. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or any security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
  3. Director nonqualified stock option covering 12,000 shares of Common Stock granted pursuant to the formula terms contained in the Company's Amended and Restated 2004 Stock Plan, as approved by the shareholders, and exercisable in three annual installments of 4,000 shares each on April 1, 2011, 2012 and 2013.