Have you read the Form 4's? Apparently not. Read t
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Posted On: 10/27/2020 12:10:24 AM
Have you read the Form 4's? Apparently not. Read them! They have a Code P on both of them. If you don't know what a Code P is, it is essentially the code for a Market Purchase. The SEC's Instructions define Code P, as follows:
https://www.sec.gov/about/forms/form4data.pdf
Also, note that the note at the bottom of the Form 4 for Jordan G. Naydenov, Director, says: "This transaction was executed in multiple trades at prices ranging from $2.4701 to $2.49," and that "The price reported reflects the weighed-average purchase price."
So, YES, it appears to have been two MARKET BUYS.
Quote:
P — Open market or private purchase of non-derivative or derivative security
https://www.sec.gov/about/forms/form4data.pdf
Also, note that the note at the bottom of the Form 4 for Jordan G. Naydenov, Director, says: "This transaction was executed in multiple trades at prices ranging from $2.4701 to $2.49," and that "The price reported reflects the weighed-average purchase price."
So, YES, it appears to have been two MARKET BUYS.
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