So Isaac is your GENI chairman affiliated w/ any of your offshore holding Cos? Short swing rule applies!
"The hedge fund group owns 19 percent, or about 2.1 million of NetSol's 11 million outstanding shares. Shareholders who own more than 10 percent of a company are prohibited from profiting from ``short swing'' trades in which shares are bought and sold within six months.
The law, based on Section 16(b) of the Securities Exchange Act of 1934, is intended to prevent improper insider
trading. It requires violators to return their trading profits to the company.
Blue Water Partners LLC, the funds' general partner, is managed by Jonathan Iseson of Manhasset, New York, who
signed a settlement agreement with NetSol. He wasn't immediately available for comment.
Insider & restricted shareholder transactions reported over the last year
Date Who Shares
Stock Transaction
29-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 26,000
GENI Purchased at $7.56/Share.
Cost of $196,560.
28-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 36,350
GENI Purchased at $7.56/Share.
Cost of $274,806.
27-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 36,500
GENI Purchased at $7.54/Share.
Cost of $275,210.
26-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 17,185
GENI Purchased at $7.32/Share.
Cost of $125,794.
23-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 21,000
GENI Purchased at $7.31/Share.
Cost of $153,510.
22-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 129,600
GENI Purchased at $7.16/Share.
Cost of $927,936.
21-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 19,200
GENI Purchased at $21.98/Share.
Cost of $422,016.
20-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 12,400
GENI Purchased at $22.26/Share.
Cost of $276,024.
19-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 15,000
GENI Purchased at $22.19/Share.
Cost of $332,850.
16-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 10,000
GENI Purchased at $22.19/Share.
Cost of $221,900.
15-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 70,000
GENI Purchased at $22.19/Share.
Cost of $1,553,300.
13-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 2,100
GENI Sold at $23.38/Share.
Proceeds of $49,098.
12-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 20,600
GENI Sold at $23.53/Share.
Proceeds of $484,718.
7-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 20,000
GENI Sold at $21.56/Share.
Proceeds of $431,200.
6-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 30,000
GENI Sold at $17.00/Share.
Proceeds of $510,000.
2-Mar-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 10,000
GENI Sold at $21.41/Share.
Proceeds of $214,100.
27-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 2,000
GENI Sold at $20.56/Share.
Proceeds of $41,120.
20-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 30,000
GENI Purchased at $18.83/Share.
Cost of $564,900.
16-Feb-01 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 1,600
GENI Purchased at $19.13/Share.
Cost of $30,608.
15-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 3,250
GENI Sold at $18.94/Share.
Proceeds of $61,555.
15-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 32,500
GENI Purchased at $18.94/Share.
Cost of $615,550.
14-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 50,000
GENI Sold at $17.16/Share.
Proceeds of $858,000.
14-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 19,500
GENI Purchased at $18.96/Share.
Cost of $369,720.
9-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 50,000
GENI Purchased at $19.26/Share.
Cost of $963,000.
5-Feb-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 50,900
GENI Purchased at $18.72/Share.
Cost of $952,848.
31-Jan-01 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 2,100
GENI Purchased at $19.56/Share.
Cost of $41,076.
30-Jan-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 30,000
GENI Sold at $17.00/Share.
Proceeds of $510,000.
25-Jan-01 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 1,000
GENI Purchased at $19.31/Share.
Cost of $19,310.
19-Jan-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 100
GENI Purchased at $19.88/Share.
Cost of $1,988.
8-Jan-01 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 38,900
GENI Purchased at $17.79/Share.
Cost of $692,031.
5-Jan-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 55,900
GENI Purchased at $16.75/Share.
Cost of $936,325.
4-Jan-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 9,300
GENI Purchased at $17.13/Share.
Cost of $159,309.
3-Jan-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 42,100
GENI Purchased at $16.99/Share.
Cost of $715,279.
2-Jan-01 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 79,600
GENI Purchased at $15.53/Share.
Cost of $1,236,188.
26-Dec-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 55,000
GENI Purchased at $17.04/Share.
Cost of $937,200.
19-Dec-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 45,643
GENI Purchased at $17.87/Share.
Cost of $815,640.
18-Dec-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 72,800
GENI Purchased at $18.06/Share.
Cost of $1,314,768.
15-Dec-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 28,000
GENI Purchased at $17.87/Share.
Cost of $500,360.
12-Dec-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 50,000
GENI Purchased at $17.88/Share.
Cost of $894,000.
6-Dec-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 75,000
GENI Purchased at $18.06/Share.
Cost of $1,354,500.
29-Nov-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 30,000
GENI Purchased at $18.06/Share.
Cost of $541,800.
21-Nov-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 40,000
GENI Purchased at $18.03/Share.
Cost of $721,200.
17-Nov-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 40,000
GENI Purchased at $18.06/Share.
Cost of $722,400.
1-Nov-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 100,000
GENI Purchased at $15.31/Share.
Cost of $1,531,000.
24-Oct-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 90,000
GENI Purchased at $15.00/Share.
Cost of $1,350,000.
23-Oct-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 110,000
GENI Purchased at $15.06/Share.
Cost of $1,656,600.
6-Oct-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 90,000
GENI Purchased at $15.00/Share.
Cost of $1,350,000.
18-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 40,000
GENI Purchased at $15.06/Share.
Cost of $602,400.
15-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 25,000
GENI Purchased at $15.06/Share.
Cost of $376,500.
12-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 9,500
GENI Purchased at $15.06/Share.
Cost of $143,070.
11-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 26,500
GENI Purchased at $15.11/Share.
Cost of $400,415.
8-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 25,000
GENI Purchased at $15.80/Share.
Cost of $395,000.
5-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 15,000
GENI Purchased at $15.19/Share.
Cost of $227,850.
1-Sep-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 37,500
GENI Purchased at $15.56/Share.
Cost of $583,500.
30-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 22,000
GENI Purchased at $15.06/Share.
Cost of $331,320.
29-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 34,500
GENI Purchased at $15.06/Share.
Cost of $519,570.
29-Aug-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 1,000
GENI Purchased at $15.25/Share.
Cost of $15,250.
23-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 9,100
GENI Purchased at $15.06/Share.
Cost of $137,046.
22-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 12,600
GENI Purchased at $15.06/Share.
Cost of $189,756.
18-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 3,700
GENI Purchased at $15.16/Share.
Cost of $56,092.
11-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 2,720
GENI Purchased at $15.11/Share.
Cost of $41,099.
10-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 60,000
GENI Purchased at $13.33/Share.
Cost of $799,800.
10-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 28,500
GENI Purchased at $15.12/Share.
Cost of $430,920.
8-Aug-00 ULTIMATE HOLDINGS LTD
10% Beneficial Owner 1,600
GENI Purchased at $15.16/Share.
Cost of $24,256.
21-Jul-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 2,500
GENI Purchased at $15.25/Share.
Cost of $38,125.
20-Jul-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 10,000
GENI Purchased at $15.91/Share.
Cost of $159,100.
22-Jun-00 DINKEL, CRAIG T
Chief Operating Officer 6,000
GENI Sold at $15.14/Share.
Proceeds of $90,840.
19-Jun-00 DINKEL, CRAIG T
Chief Operating Officer 30,000
GENI Proposed Sale (Form 144).
Estimated proceeds of $450,000.
19-Jun-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 100,000
GENI Purchased at $15.25/Share.
Cost of $1,525,000.
13-Jun-00 KAWASUGI, JEFFREY M
Shareholder 300
GENI Proposed Sale (Form 144).
Estimated proceeds of $4,500.
9-Jun-00 WEBER, STEPHEN A
Director 0
GENI Initial Direct Holdings Statement
8-May-00 COSTA, MICHAEL F
Vice President 10,000
GENI Proposed Sale (Form 144).
Estimated proceeds of $157,500.
28-Apr-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 19,000
GENI Purchased at $16.24/Share.
Cost of $308,560.
13-Apr-00 ELBATRAWI, RAMY Y
Chairman of the Board, Director, Chief Executive Officer, 10% Beneficial Owner 75,000
GENI Purchased at $18.15/Share.
Cost of $1,361,250. |
