[ Ampex Insider Purchases ]
Scott,
This must be it from that SEC filing:
Item 3. Source and Amount of Funds or Other Consideration.
Since the date of filing of Amendment No. 10 to the Schedule 13D, the
Filing Parties named herein have entered into the following transactions in the Company's Class A Stock, using the funds indicated below:
(a) On or about October 29, 1997, Mr. Bramson purchased from the
Company 150,000 shares of Class A Stock at a purchase price of $3.125 per share.
(b) On or about November 7, 1997, Mr. Bramson purchased from the
Company 175,000 shares of Class A Stock at a purchase price of $3.3125 per share.
(c) On or about February 18, 1998, Mr. Bramson purchased from the
Company 75,000 shares of Class A Stock at a purchase price of $2.9375 per share.
The purchase price for the shares sold to Mr. Bramson was based on the
reported closing price for the Company's Class A Stock on the American Stock Exchange on the dates immediately preceding the dates the Company's Board of Directors approved each such purchase. In each case, the purchase price was paid 20% in cash by Mr. Bramson, using personal funds, and the balance by Mr. Bramson's promissory note secured by a pledge of the purchased shares.
Thanks for the help at the AXC thread.
Regards,
Rainier |
