Dash Jonathan 4
4 · WESTERN SIZZLIN CORP · Filed Mar 31, 2010
Insider Transaction Report
Form 4
Dash Jonathan
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.01 per share
2010-03-30−29,383→ 0 total - Disposition to Issuer
Common Stock, par value $0.01 per share
2010-03-30−201,223→ 0 total(indirect: By LLC)
Footnotes (3)
- [F1]This Form 4 is filed jointly by Dash Acquisitions LLC ("Dash Acquisitions") and Jonathan Dash.
- [F2]Shares disposed of at the closing of the Agreement and Plan of Merger, dated as of October 22, 2009, by and among Western Sizzlin Corporation (the "Issuer"), The Steak n Shake Company ("Steak n Shake") and Grill Acquisition Corporation, a wholly-owned subsidiary of Steak n Shake, pursuant to which each outstanding share of the Issuer's common stock was canceled and converted into the right to receive a pro rata portion of a new issue of 14% redeemable subordinated debentures due 2015 issued by Steak n Shake in the aggregate principal amount of $22,959,000 (the "Debentures"), with cash paid in lieu of fractional Debenture interests.
- [F3]Represents shares held in client accounts managed by Dash Acquisitions over which Jonathan Dash has sole investment discretion. Accordingly, Dash Acquisitions and Jonathan Dash may be deemed to beneficially own these shares. Each of Dash Acquisitions and Jonathan Dash disclaims beneficial ownership of these shares except to the extent of his or its pecuniary interest therein. Jonathan Dash is a director of the Issuer.