FORTUNE CARTER M 4
4 · FORTUNE DIVERSIFIED INDUSTRIES INC · Filed Sep 23, 2004
Insider Transaction Report
Form 4
FORTUNE CARTER M
DirectorChairman10% Owner
Transactions
- Other
Common Stock
2004-09-21$1.10/sh+500,000$550,000→ 41,328,108 total
Holdings
- 51,478,267(indirect: See Note 2)
Common Stock
Footnotes (2)
- [F1]1,000,000 shares of Issuer's Common Stock were transferred to Fortune Real Estate Development LLC from the Fisbeck Family Trust. Reporting Person may be deemed to be the beneficial owner of 500,000 of the above referenced shares due to Reporting Person's fifty percent (50%) equity interest in Fortune Real Estate Development LLC.
- [F2]In addition to the 500,000 shares of Issuer's Common Stock Reporting Person may be deemed to beneficially own through Fortune Real Estate Development LLC, Reporting Person may also be deemed to be the indirect beneficial owner of the Shares held by other Shareholders who along with Reporting Person, may be considered to comprise a control group: John F. Fisbeck (17,587,023 Shares), Robert J. Kingston (7,900,000 Shares), Norman G. Wolcott, Jr. (9,537,514 Shares), Norman G. Wolcott, Jr., as trustee for the Norman G. Wolcott, Sr. and Lucille H. Wolcott Revocable Trust of 1995 Marital Trust and the Norman G. Wolcott, Sr. and Lucille H. Wolcott Revocable Trust of 1995 Survivor's Trust (2,853,730 Shares), and Harlan M. Schafir (13,100,000 Shares).