Filing Details

Accession Number:
0000353184-18-000035
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-14 17:18:24
Reporting Period:
2018-05-11
Accepted Time:
2018-05-14 17:18:24
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 5000 West 36Th Street
Suite 130
Minneapolis MN 55416
Ceo Yes Yes 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 2018-05-11 1,550 $29.68 115,458 No 4 P Indirect By Groveland Hedged Credit Fund, LLC
Common Stock Acquisiton 2018-05-14 50 $29.60 115,508 No 4 P Indirect By Groveland Hedged Credit Fund, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Groveland Hedged Credit Fund, LLC
No 4 P Indirect By Groveland Hedged Credit Fund, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 587,130 Indirect By AO Partners I, LP
Common Stock 57,960 Indirect By Glenhurst Co.
Common Stock 40,307 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Options $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 reported securities are owned directly by Groveland Hedged Credit Fund LLC, and indirectly by Nicholas J. Swenson as the sole managing member and president of Groveland Capital LLC, the investment adviser to the Groveland Hedged Credit Fund LLC. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  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. Nicholas J. Swenson disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  3. The reported securities are owned directly by Glenhurst Co., a Minnesota corporation, wholly owned by Nicholas J. Swenson.