Filing Details
- Accession Number:
- 0001209191-16-136196
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-08-09 18:13:48
- Reporting Period:
- 2016-08-08
- Filing Date:
- 2016-08-09
- Accepted Time:
- 2016-08-09 18:13:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1022469 | Deltic Timber Corp | DEL | Sawmills & Planting Mills, General (2421) | 710795870 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1216894 | Madison Robert Murphy | 210 East Elm Street El Dorado AR 71730 | 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 | Acquisiton | 2016-08-08 | 4,108 | $45.34 | 39,960 | No | 4 | P | Indirect | Partnership |
Common Stock | Acquisiton | 2016-08-09 | 281 | $45.34 | 37,792 | No | 4 | P | Indirect | Partnership |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Partnership |
No | 4 | P | Indirect | Partnership |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 226,178 | Indirect | By Trust |
Common Stock | 11,822 | Indirect | By Spouse |
Common Stock | 0 | Indirect | Co-Trustee of Family Trusts |
Common Stock | 10,688 | Indirect | Trustee for Children |
Footnotes
- The reporting person's beneficial ownership of shares held in the family partnership increased (i) by 4,108 shares as a result of the reporting person's cash purchase, pursuant to a right of first refusal, of a portion of another partner's interest in the partnership effective as of August 8, 2016 and (ii) by 281 shares as a result of a cash redemption of such other partner's former interest in the general partner of the partnership effective as of August 9, 2016.
- The purchase price was determined based on a valuation of the partnership's assets as of May 23, 2016, minus a 26% minority discount factor. The closing price of the issuer's common stock as reported on the New York Stock Exchange on May 23, 2016, was $61.27.
- On August 9, 2016, the reporting person and his spouse funded with 90,545 shares and other assets, a newly created revocable trust. As a result, 83,159 shares previously reported as directly held, 4,937 shares previously reported as held indirectly through his spouse and 2,449 shares previously reported as held through the family partnership are now reported as held indirectly by the reporting person through the revocable trust.
- The remaining 135,633 shares were previously reported as held through trusts.
- Since the reporting person's last Form 4 filing, the reporting person resigned as a co-trustee of various family trusts for which the reporting person previously reported beneficial ownership of 236,676 shares. At no time did the reporting person have a pecuniary interest in such trusts or any shares held therein.