 |  |  Colonial distributes heating, ventilating and air conditioning, ("HVAC"), equipment, parts and accessories, climate control systems, and plumbing and electrical supplies and equipment in the states of New York, New Jersey, Massachusetts, Connecticut and eastern Pennsylvania through its Universal Supply Group, Inc., American/Universal Supply Div., The RAL Supply Group, Inc., and S&A Supply, Inc., subsidiaries to professional contractors. These contractors purchase and install equipment and systems for residential, commercial and industrial users. Colonial also provides control system design, custom control panel fabrication, technical field support, in-house training and climate control consultation for engineers and installers. The Company is a leader in the design of direct digital control systems and systems that control multi-location facilities through the Internet. The Company also distributes home appliances to dealer groups and appliance stores through its Goldman Universal division. Additionally, the Company offers water filtration systems, parts and accessories and other products through its e-commerce store, www.procontractorstore.com, operated by RAL. The Company is headquartered in New Jersey, and, with its affiliates, operates out of 19 locations in its geographic trading area.   OFFICERS  William Pagano, Chief Executive Officer William Pagano has been the President of Universal since November 1998, and was appointed as a Director of the Company in February 2002, as President of the Company on October 27, 2005, and as Chief Executive Officer of the Company on April 17, 2006. Prior to November 1998, Mr. Pagano was engaged in the practice of law. Mr. Pagano holds a B.S. in Industrial Management, and an M.B.A., both from Fairleigh Dickinson University. Mr. Pagano also holds a J.D. from Seton Hall University. William Salek, Chief Financial Officer/Secretary William Salek has been the Vice President of Universal since June 1999 and was appointed as the Chief Financial Officer of the Company in October 2004 and Secretary of the Company in February 2005. Mr. Salek has been employed by Universal since 1983. Mr. Salek holds a B.S. in Accounting from Clarion University. Mr. Salek is a director of Educational Partnership for Instructing Children, Inc., a non-profit learning institute. BOARD OF DIRECTORS  Michael Goldman, Chairman of the Board Michael Goldman has been a Director of the Company since September 29, 2004 and was appointed Chairman of the Board on April 17, 2006. Since 1987 Mr. Goldman was the Chief Executive Officer and Chairman of the Board of Directors of Goldman Associates of New York, Inc., an appliance distributor for the Northeast, until January 1, 2007. The assets of this company were acquired by Westeye East, on January 1, 2007 and it is now an investment company located in Florida. Mr. Goldman continues to serve as the Chief Executive Officer and Chairman of the Board of Directors of Goldman Associates of New York, Inc. Mr. Goldman is a Certified Public Accountant and holds a B.S. in Accounting from Brooklyn College and an M.B.A. in Management from Syracuse University. Dr. E. Bruce Fredrikson has been a Director of the Company since January 28, 2005. Dr. Fredrikson is currently an independent consultant in corporate finance and governance. He is Professor of Finance, Emeritus, at Syracuse University's Martin J. Whitman School of Management where he taught from 1966 until his retirement in May 2003. He is a director of Consumer Portfolio Services, Inc., a consumer finance company, and is non-executive Chairman of the Board of Track Data Corporation, a financial services company. He is Chairman of the Audit Committee of both of these companies. Dr. Fredrikson holds an A.B. in economics from Princeton University and a M.B.A. in accounting and a Ph.D. in finance from Columbia University. Melissa Goldman-Williams has been a Director of the Company since October 22, 2004. Mrs. Goldman-Williams presently serves as the Chief Operating Officer of Westeye East, an appliance distributor. Previously, Mrs. Goldman-Williams was the Chief Operating Officer and a member of the Board of Directors of Goldman Associates of New York, Inc., now an investment company located in Florida, until its acquisition by Westeye East on January 1, 2007. Mrs. Goldman-Williams holds a B.A. from Lehigh University and a Masters Degree in Environmental Management from Duke University. Stuart H. Lubow became a Director of the Company on May 11, 2006. Mr. Lubow is a founder, Chairman, President and Chief Executive Officer of Community National Bank. Mr. Lubow was founder, President and Chief Executive Officer of Community State Bank from 1997 to 2003 and was the Executive Vice President and Chief Operating Officer of Garden State Bank until 1996. Mr. Lubow has been a banking executive for over 25 years. He is a past Chairman of the Community Bankers Association of New Jersey, as well as the former Chairman of the Teaneck Development Corporation. Mr. Lubow holds a B.A. in Accounting from Moravian College and has served as an instructor at the New York University School of Continuing Education. Ronald Miller has been a Director of the Company since 1983. Mr. Miller holds a B.S. in Education from Ohio State University and a J.D. from Ohio State University. Mr. Miller was engaged in the practice of law since 1969 until his retirement in 2007. Mr. Miller is an acting Judge of Auglaize County Municipal Court in the State of Ohio. William Pagano has been the President of Universal since November 1998, and was appointed as a Director of the Company in February 2002, as President of the Company on October 27, 2005, and as Chief Executive Officer of the Company on April 17, 2006. Prior to November 1998, Mr. Pagano was engaged in the practice of law. Mr. Pagano holds a B.S. in Industrial Management, and an M.B.A., both from Fairleigh Dickinson University. Mr. Pagano also holds a J.D. from Seton Hall University.  Transaction & Date | Reported Date | Company | Symbol | Insider Relationship | Shares Traded | Average Price | Total Amount | Shares Ownership | Filing | 2011-05-25 Purchase | 2011-05-26 10:51 am | COLONIAL COMMERCIAL CORP | CCOM | GOLDMAN MICHAEL (Director Chairman of the Board 10% owner) | 4,800 | $0.4 | $1,920 | 1,914,842 (Indirect) | View | 2011-05-25 Purchase | 2011-05-26 10:33 am | COLONIAL COMMERCIAL CORP | CCOM | GOLDMAN ASSOCIATES OF NEW YORK, INC. (10% owner) | 10,000 | $0.4 | $4,000 | 3,989,255 (Direct) | View | 2011-03-01 Purchase(A) | 2011-03-04 3:15 pm | COLONIAL COMMERCIAL CORP | CCOM | GOLDMAN MICHAEL (Director Chairman of the Board 10% owner) | 1,440,000 | $0.5 | $720,000 | 1,910,042 (Indirect) | View | 2011-03-01 Purchase | 2011-03-03 09:10 am | COLONIAL COMMERCIAL CORP | CCOM | PAGANO WILLIAM (Chief Executive Officer Director 10% owner) | 200,000 | $0.5 | $100,000 | 935,638 (Direct) | View | 2011-03-01 Purchase | 2011-03-03 09:05 am | COLONIAL COMMERCIAL CORP | CCOM | GOLDMAN MICHAEL (Director Chairman of the Board 10% owner) | 3,000,000 | $0.5 | $1,500,000 | 3,979,255 (Indirect) | View | 2011-03-01 Purchase | 2011-03-03 08:54 am | COLONIAL COMMERCIAL CORP | CCOM | GOLDMAN ASSOCIATES OF NEW YORK, INC. (10% owner) | 3,000,000 | $0.5 | $1,500,000 | 3,979,255 (Direct) | View | 2011-03-01 Purchase | 2011-03-03 08:50 am | COLONIAL COMMERCIAL CORP | CCOM | FOLGER RITA C (10% owner) | 600,000 | $0.5 | $300,000 | 1,145,386 (Direct) | View | (A) Indicate amendment filing.  |