SAPPHIRE ADVISORS LLC 4
4 · SUNSET FINANCIAL RESOURCES INC · Filed May 24, 2004
Insider Transaction Report
Form 4
SAPPHIRE ADVISORS LLC
10% Owner
Transactions
- Other
Common Stock
2004-03-22$0.00/sh−11,127$11
Footnotes (2)
- [F1]Shares disposed of pursuant to Stock Purchase and Redemption Agreement dated as of March 22, 2004 by and between Sunset Financial Resources, Inc. ("Sunset") and Sapphire Advisors LLC ("Sapphire") wherein Sunset agreed to redeem 11,127 shares of its common stock at its par value, $0.001 per share. Due to dilution caused by the public offering of Sunset common stock, Sapphire is no longer a 10% Owner of Sunset common stock.
- [F2]This transaction was originally disclosed on Form 5 on March 22, 2004. There have been no changes since that time. This filing is intended to disclose the transaction on the proper form, not to amend the substance of that March 22, 2004 filing.