Filing Details

Accession Number:
0001567619-20-021738
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-31 13:03:06
Reporting Period:
2020-12-29
Accepted Time:
2020-12-31 13:03:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
353184 Air T Inc AIRT Air Courier Services (4513) 521206400
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1478067 John Nicholas Swenson 5000 W. 36Th Street, Unit 130
Minneapolis MN 55416
Ceo 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 Acquisiton 2020-12-29 9,936 $17.79 893,493 No 4 P Indirect By AO Partners I, LP
Common Stock Acquisiton 2020-12-29 6,795 $18.92 900,288 No 4 P Indirect By AO Partners I, LP
Common Stock Acquisiton 2020-12-30 6,011 $19.34 906,299 No 4 P Indirect By AO Partners I, LP
Common Stock Acquisiton 2020-12-30 12,168 $20.23 918,467 No 4 P Indirect By AO Partners I, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By AO Partners I, LP
No 4 P Indirect By AO Partners I, LP
No 4 P Indirect By AO Partners I, LP
No 4 P Indirect By AO Partners I, LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 94,938 Indirect By Glenhurst Co.
Common Stock 53,301 Indirect By Groveland Capital, LLC
Common Stock 169,806 Indirect By Groveland DST, LLC
Common Stock 60,461 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Stock $8.62 2013-08-30 2022-08-30 3,750 3,750 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-08-30 3,750 3,750 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $17.635 to $18.625. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
  2. The reported securities are owned directly by AO Partners I. L.P., and indirectly by AO Partners, LLC, as General Partner of AO Partners I. L.P., and Nicholas J. Swenson as Managing Member of AO Partners, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  3. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $18.63 to $19.00. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
  4. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $18.645 to $19.63. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
  5. The price reported in Column 4 is a weighted average price. The prices actually received ranged from $19.66 to $20.25. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing a weighted average price.
  6. The reported securities are owned directly by Glenhurst Co., a Minnesota corporation, wholly owned by Nicholas J. Swenson.
  7. The reported securities are owned directly by Groveland Capital, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland Capital, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  8. The reported securities are owned directly by Groveland DST, LLC and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland DST, LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.