Filing Details

Accession Number:
0001437749-15-021013
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-16 21:53:13
Reporting Period:
2015-11-12
Filing Date:
2015-11-16
Accepted Time:
2015-11-16 21:53:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1349437 Towerstream Corp TWER Communications Services, Nec (4899) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1397565 M Jeffrey Thompson C/o Towerstream Corporation
88 Silva Lane
Middletown RI 02842
President And Ceo Yes Yes No 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 Disposition 2015-11-12 147,525 $0.57 1,890,518 No 4 S Direct
Common Stock Disposition 2015-11-13 91,453 $0.53 1,799,065 No 4 S Direct
Common Stock Disposition 2015-11-16 195,000 $0.49 1,604,065 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. On November 12, 13 and 16, 2015, Mr. Thompson was informed of the involuntary sale of these shares by Deutsche Bank Securities, Inc. ("Deutsche Bank"). These shares were held by Deutsche Bank as collateral to secure Mr. Thompson's obligations under a personal loan Mr. Thompson obtained from Deutsche Bank, to, among other things, meet certain tax obligations related to the vesting and payment of compensatory equity awards. After repayment of the loan with the proceeds from the sale by Deutsche Bank, the loan agreement will terminate and there will be no amounts outstanding under the agreement.