The recent selling by the Waitt family has not been very substantial from a percentage viewpoint. I did find it a little more intriguing that the CFO (McKittrick) sold 25% of his holdings. But this 14A is fairly old so it is possible that he was exercising new options not reflected in the totals.
Here is the info on stock ownership as of Mar1 1997 from the most recent 14A filing.
NAME AND ADDRESS OF BENEFICIAL TITLE OF NUMBER OF PERCENT
OWNER(1) CLASS SHARES(3) OF CLASS(2)
------------------------------ -------- ---------- -----------
Theodore W. Waitt Common Stock 35,552,500 45.6%
Norman W. Waitt, Jr. Trust (4) Common Stock 6,820,000 8.7% P.O. Box 980
North Sioux City, SD 57049
Richard D. Snyder Common Stock 462,500
David J. McKittrick Common Stock 100,000
Robert N. Beck Common Stock 40,625
7
NAME AND ADDRESS OF NUMBER OF PERCENT
BENEFICIAL OWNER(1) TITLE OF CLASS SHARES(3) OF CLASS(2)
------------------- -------------------- ---------- -----------
James A. Taylor Common Stock 16,250
Charles G. Carey Common Stock 500
James W. Cravens Common Stock 1,000
George H. Krauss Common Stock 2,500(5)
Douglas L. Lacey Common Stock 4,500(5)
James F. McCann Common Stock 3,000
All Directors and elected
officers as a group Common Stock 36,278,900 46.6%
(21 persons) Class A Common Stock 118,808**-------- |
