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4//SEC Filing

GLOBUS KENNETH H 4

Accession 0000101295-21-000001

CIK 0000101295other

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 3:42 PM ET

Size

6.2 KB

Accession

0000101295-21-000001

Insider Transaction Report

Form 4
Period: 2021-02-19
Transactions
  • Gift

    Common Stock

    2021-02-198,4001,318,053 total(indirect: SEE FOOTNOTE #3)
Footnotes (3)
  • [F1]In Field 6 Reporting Person indicated that his ownership is "Indirect", but that is only because there is no option to state ownership as both "Direct" AND "Indirect". The majority of Reporting Person's ownership of UG stock is Indirect, beneficial ownership based upon UG stock owned both by his wife and by the Alfred R. Globus Testamentary Trust, of which he is a Trustee and has sole voting rights. As a result, the stock owned by the Testamentary Trust is considered to be beneficially owned by Reporting Person. Reporting Person's Direct and Indirect ownership is detailed in Footnote #2.
  • [F2]Reporting Person owns UG stock both Directly and Indirectly. After the transfer of the 8,400 shares being gifted as indicated in this Form 4, Direct ownership is now 279,027, and Indirect ownership is 1,039,026 shares. Of the Indirect ownership, 279,026 shares are owned by Reporting Person's wife, and 760,000 shares are under the control of the Reporting Person pursuant to his role as co-Trustee of the Alfred R. Globus Testamentary Trust, the owner of those shares.
  • [F3]270,026 shares of UG stock are owned by Reporting Person's wife, and 760,000 shares are owned by the Alfred R. Globus Testamentary Trust, of which the Reporting Person is a Trustee and has sole voting rights.

Issuer

UNITED GUARDIAN INC

CIK 0000101295

Entity typeother

Related Parties

1
  • filerCIK 0000943504

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 3:42 PM ET
Size
6.2 KB