Filing Details

Accession Number:
0001104659-11-043814
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-08-04 18:34:36
Reporting Period:
2011-08-03
Filing Date:
2011-08-04
Accepted Time:
2011-08-04 18:34:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1361872 Westway Group Inc. WTWG.OB Grain Mill Products (2040) 204755936
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
808722 M David Knott 485 Underhill Blvd
Ste 205
Syosset NY 11791-3419
No No 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
Class A Common Stock Acquisiton 2011-08-03 105,800 $4.83 1,397,443 No 4 P Indirect By Knott Partners, L.P.
Class A Common Stock Disposition 2011-08-03 1,300 $4.83 445,471 No 4 S Indirect By Shoshone Partners, L.P.
Class A Common Stock Disposition 2011-08-03 75,700 $4.83 811,228 No 4 S Indirect By Knott Partners Offshore Master Fund, L.P.
Class A Common Stock Acquisiton 2011-08-03 35,200 $4.83 156,114 No 4 P Indirect By Mulsanne Partners, L.P.
Class A Common Stock Disposition 2011-08-03 22,500 $4.83 16,514 No 4 S Indirect By Knott Partners Offshore (SRI) Fund Limited
Class A Common Stock Disposition 2011-08-03 41,500 $4.83 30,372 No 4 S Indirect By Managed Account A
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Knott Partners, L.P.
No 4 S Indirect By Shoshone Partners, L.P.
No 4 S Indirect By Knott Partners Offshore Master Fund, L.P.
No 4 P Indirect By Mulsanne Partners, L.P.
No 4 S Indirect By Knott Partners Offshore (SRI) Fund Limited
No 4 S Indirect By Managed Account A
Footnotes
  1. The Reporting Person is the managing member of Knott Partners Management, LLC, which is (i) the sole general partner of Shoshone Partners, L.P., Knott Partners Offshore Master Fund, L.P., and Mulsanne Partners, L.P. and (ii) the managing general partner of Knott Partners, L.P. The Reporting Person is also a general partner of Knott Partners, L.P.
  2. The Reporting Person is the sole director and the president of Dorset Management Corporation, which (i) provides investment management services to Knott Partners Offshore (SRI) Fund Limited and (ii) separate institutional managed accounts (each, a "Managed Account").
  3. As a result of the Reporting Person's interests in Knott Partners Management, LLC and in Dorset Management Corporation, the Reporting Person has investment discretion and control of the securities represented in this entry. The Reporting Person may be deemed to beneficially own an indirect pecuniary interest in the securities represented in this entry as a result of a performance-related fee. Except with respect to Knott Partners, L.P., Knott Partners Offshore Master Fund, L.P., Shoshone Partners, L.P. and Mulsanne, L.P., in which the Reporting Person owns a beneficial interest, the Reporting Person disclaims beneficial ownership therein except to the extent ultimately realized. Each of Knott Partners, L.P., Knott Partners Offshore Master Fund, L.P., Shoshone Partners, L.P., Mulsanne Partners, L.P., Knott Partners Offshore (SRI) Fund Limited, and the Managed Account disclaims beneficial ownership of securities reported as owned by any other party.
  4. Each entry reports a component of a cross transaction in the shares set forth in column 1 of Table I among the accounts identified in Column 7 of Table I that are coded P or S in Column 3. The cross transactions reported reflect a reallocation of shares among the partnerships and the Reporting Person's Managed Account for which there were no net transaction costs, and the accounts that disposed of shares in the cross transaction did not acquire any shares in the cross transaction.