Filing Details
- Accession Number:
- 0001437749-15-021013
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-11-16 21:53:13
- Reporting Period:
- 2015-11-12
- Filing Date:
- 2015-11-16
- Accepted Time:
- 2015-11-16 21:53:13
- 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 |
---|---|---|---|---|---|---|---|
1397565 | M Jeffrey Thompson | C/O Towerstream Corporation 88 Silva Lane Middletown RI 02842 | President And Ceo | Yes | Yes | 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 | 2015-11-12 | 147,525 | $0.57 | 1,890,518 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-11-13 | 91,453 | $0.53 | 1,799,065 | No | 4 | S | Direct | |
Common Stock | Disposition | 2015-11-16 | 195,000 | $0.49 | 1,604,065 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Footnotes
- On November 12, 13 and 16, 2015, Mr. Thompson was informed of the involuntary sale of these shares by Deutsche Bank Securities, Inc. ("Deutsche Bank"). These shares were held by Deutsche Bank as collateral to secure Mr. Thompson's obligations under a personal loan Mr. Thompson obtained from Deutsche Bank, to, among other things, meet certain tax obligations related to the vesting and payment of compensatory equity awards. After repayment of the loan with the proceeds from the sale by Deutsche Bank, the loan agreement will terminate and there will be no amounts outstanding under the agreement.