Filing Details

Accession Number:
0001144204-10-038309
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-16 13:00:00
Reporting Period:
2010-07-15
Filing Date:
2010-07-16
Accepted Time:
2010-07-16 21:01:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1349437 Towerstream Corp TWER Communications Services, Nec (4899) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1397864 Philip Urso C/O Towerstream Corporation
55 Hammarlund Way
Middletown RI 02842
Chairman Of Board Of Directors Yes Yes Yes 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, Par Value $0.001 Per Share Disposition 2010-07-15 246 $1.51 299,140 No 4 S Indirect As trustee for trusts
Common Stock, Par Value $0.001 Per Share Disposition 2010-07-15 6,800 $1.53 292,340 No 4 S Indirect As trustee for trusts
Common Stock, Par Value $0.001 Per Share Disposition 2010-07-15 4,600 $1.54 287,740 No 4 S Indirect As trustee for trusts
Common Stock, Par Value $0.001 Per Share Disposition 2010-07-15 2,300 $1.56 285,440 No 4 S Indirect As trustee for trusts
Common Stock, Par Value $0.001 Per Share Disposition 2010-07-15 1,154 $1.57 284,286 No 4 S Indirect As trustee for trusts
Common Stock, Par Value $0.001 Per Share Disposition 2010-07-15 1,900 $1.59 282,386 No 4 S Indirect As trustee for trusts
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect As trustee for trusts
No 4 S Indirect As trustee for trusts
No 4 S Indirect As trustee for trusts
No 4 S Indirect As trustee for trusts
No 4 S Indirect As trustee for trusts
No 4 S Indirect As trustee for trusts
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share 3,013,256 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plans adopted by two trusts, Happy Bear Trust and Terrapin Trust, for the minor children of the reporting person on December 3, 2009.
  2. Shares are held in two separate trusts, Happy Bear Trust and Terrapin Trust, for the benefits of Mr. Urso's minor children.