- 18 - On November 26, 1990, the following transfers of CamVic stock occurred:17 Transferor Transferee No. of Shares Payment Method CWB Trust Estate of Cameron W. 9.8647 1 Bommer CWB Trust Credit shelter trust 47.001 1 CWB Trust Exempt QTIP trust 14.0204 1 CWB Trust QTIP trust 46.47 1 Estate of Cameron W. CamVic 9.8647 Cash Bommer Credit shelter trust CamVic 6.3059 Cash 1Transferred pursuant to terms of the trust rather than sales. On December 1, 1990, the following transfers of CamVic stock took place: Transferor Transferee No. of Shares Payment Method Credit shelter trust Ronald 6.5002 Cash/Note Credit shelter trust Cameron M. GC trust 16.2048 Cash/Note Credit shelter trust Kelly Long GC trust 16.2048 Cash/Note Credit shelter trust Ronald II GC trust 2.1844 Cash/Note Exempt QTIP trust Ronald II GC trust 14.0204 Cash/Note QTIP trust CamVic 46.4716 Cash/Note Marcella CamVic 2.55013 Cash Pursuant to the terms of the Buy-Sell Agreement, the transfer price was $11,333.30 per share. Payments which consisted of a combination of cash and a promissory note were made pursuant to the following terms: A 10-percent cash downpayment and a promissory note to pay 10 annual installments with the unpaid balance accruing interest at a 5-percent annual rate. 17In addition, Kelly Long transferred her 1.7210 shares of CamVic to the Kelly Long GC Trust, Cameron M. transferred his 1.7210 shares to the Cameron M. GC Trust, and Ronald II transferred his 1.7210 shares to the Ronald II GC Trust. All three transfers were made on Nov. 26, 1990.Page: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Next
Last modified: May 25, 2011