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Re: Congo Mining post# 279

Tuesday, 01/05/2016 4:43:17 PM

Tuesday, January 05, 2016 4:43:17 PM

Post# of 4800
No need for any math because the figures are right in front of you. The shares on the form 4 are either acquired or disposed (A or D). Just look at box 4 (Securities acquired or disposed). It clearly shows the acquired shares and their prices as well as the disposed shares and their prices. The acquired shares show 0 as their price because they were RPU's or CPU's as compensation (they were converted into common units). The disposed shares show a sale price of .7116 a share. Column 5 (Securities beneficially owned after transaction)shows the number of shares owned following each transaction. It is added or subtracted depending on whether the shares were acquired (add) or disposed (subtracted). Looking at box 5 it clearly shows, in the Mr. Washburn form 4 which is the second one down on the list I provided, that the 169,543 shares were subtracted from the total number of shares beneficially owned by Mr. Washburn. Why is that? It's because he disposed of them (sold). Again, I'm not an accountant nor an expert on SEC filings, but I can read. Unless I'm totally misunderstanding the difference between acquired and disposed, the numbers speak for themselves. No math needed. The form 4 does it for you.

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