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Filing Details

Accession Number:
0001140361-13-006583
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-13 19:29:17
Reporting Period:
2013-02-11
Filing Date:
2013-02-13
Filing Date Changed:
2013-02-13
Accepted Time:
2013-02-13 19:29:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
353184 Air T Inc AIRT Air Courier Services (4513) 521206400
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1478067 John Nicholas Swenson 3033 Excelsior Boulevard, Suite 560
Minneapolis MN 55416
No No Yes No
1542769 Ao Partners I, Lp 3033 Excelsior Boulevard, Suite 560
Minneapolis MN 55416
Yes No Yes No
1549244 Ao Partners Llc 3033 Excelsior Boulevard, Suite 560
Minneapolis MN 55416
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-02-11 2,300 $9.29 337,460 No 4 P Direct
Common Stock Acquisiton 2013-02-13 78 $9.49 337,538 No 4 P Direct
Common Stock Acquisiton 2013-02-13 1,800 $9.50 339,338 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
No 4 P Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $8.62 2013-08-30 2022-08-30 2,500 2,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-08-30 2,500 2,500 Direct
Footnotes
  1. The price in Column 4 is a weighted average price. The prices actually paid ranged from $9.20 to $9.43. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
  2. The reported securities are owned directly by AO Partners I, L.P., and indirectly by AO Partners, LLC, as General Partner of AO Partners I, L.P. and Nicholas J. Swenson, as Managing Member of AO Partners, LLC. AO Partners, LLC and Nicholas J. Swenson disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein.
  3. The reported securities are owned directly by Nicholas J. Swenson, as a Director of the Issuer.
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