HOWARD JACK L 4
4 · WHX CORP · Filed Sep 29, 2008
Insider Transaction Report
Form 4
WHX CORPWXCP.PK
EMH Howard LLC
Other
Transactions
- Exercise of In-Money
Subscription Right to Purchase Common Stock
2008-09-25−5,000→ 0 totalExercise: $1.40From: 2008-08-22Exp: 2008-09-25→ Common Stock, $.01 par value per share (71,425 underlying) - Exercise of In-Money
Common Stock, $.01 par value per share
2008-09-25$1.40/sh+71,425$99,995→ 76,425 total
Footnotes (3)
- [F1]Issued upon exercise of basic subscription rights issued to holders of the Issuer's common stock, par value $0.01 per share ("Common Stock"), as of August 22, 2008, to purchase shares of Common Stock at the subscription price of $1.40 per share (the "Rights Offering").
- [F2]This Form 4 is filed jointly by Jack L. Howard and EMH Howard, LLC ("EMH"). EMH and Mr. Howard are members of a Section 13(d) group that owns more than 10% of the Issuer's outstanding shares of common stock and Mr. Howard is a director of the Issuer. The securities reported in this Form 4 are owned directly by EMH, and owned indirectly by Mr. Howard by virtue of his position as the managing member of EMH. Mr. Howard disclaims beneficial ownership of the shares owned by EMH except to the extent of his pecuniary interest therein.
- [F3]Represents the exercise of subscription rights by EMH Howard, LLC under its basic subscription privilege in the Rights Offering described above.