MOOVIES INC 4
4 · MOOVIES INC · Filed Mar 24, 1998
Insider Transaction Report
Form 4
Fresne, Donald C.
Director
Transactions
- Sale
Common Stock $.001 par valu
1998-03-06$2.13/sh−500$1,063→ 2.125 total - Other
Common Stock $.001 par valu
1998-03-06$2.00/sh−519,450$1,038,900 - Sale
Common Stock $.001 par valu
1998-03-02$2.31/sh−500$1,156→ 0 total
Footnotes (2)
- [1]Transactions reported are sales resulting from a foreclosure in a margin call.
- [2]Exchanged for an aggregate of 389,587 shares of Common Stock of Video Update, Inc. ("Video Update"), having a value of $2.273 per share, pursuant to a merger (the "Merger") of a wholly-owned subsidiary of Video Update with and into the Issuer.