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INNOVATE Corp. — Director's Dealing 2011
Feb 2, 2011
34366_dirs_2011-02-02_206ac4df-0c2b-45e5-978e-6d04f4feff69.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRIMUS TELECOMMUNICATIONS GROUP INC (PMUG)
CIK: 0001006837
Period of Report: 2011-01-31
Reporting Person: MORGENS WATERFALL VINTIADIS & CO INC (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-31 | Common Stock $0.001 par value ("Common Stock") | S | 39000 | $15.226 | Disposed | 800000 | Indirect |
Footnotes
F1: The shares of Common Stock to which this note relates are held directly by Phaeton International (BVI) Ltd. ("Phaeton"), with respect to 331,300 shares and Phoenix Partners, L.P. ("Phoenix" and together with Phaeton, the "Advisory Clients"), with respect to 468,700 shares.
F2: Morgens, Waterfall, Vintiadis & Company, Inc. ("Morgens Waterfall") serves as the investment adviser to, and provides discretionary investment advisory services to, the Advisory Clients. Edwin H. Morgens is the Chairman of Morgens Waterfall.