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Home > Insider Trading > Filing (0001181431-11-024197)

Filing Details

Accession Number:: 0001181431-11-024197
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-15 14:32:37
Reporting Period:: 2011-04-14

Filing Date:: 2011-04-15
Accepted Time:: 2011-04-15 14:32:37
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
764897	Banyan Rail Services Inc.	BARA	Real Estate Investment Trusts (6798)	363361229

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
942046	O Gary Marino	2255 Glades Road Suite 342-W Boca Raton FL 33431	President And Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-04-14	20,000	$2.00	406,783	No	4	P	Indirect	Patriot Rail Services

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Patriot Rail Services

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Convertible Preferred Stock	Acquisiton	2011-04-14	2,000	$100.00	88,889	$2.25

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
444,444			No	4	P	Indirect

Footnotes

The Series B Preferred Stock is convertible at any time after certain events (the dates of which cannot be presently determined) have occurred or October 15, 2013.
The Series B Preferred Stock does not have an expiration date.
The securities are owned by Patriot Rail Services, Inc. Mr. Marino is the president of Patriot Rail Services, Inc. and a significant stockholder of the corporate parent of Patriot Rail Services, Inc.