Multiple insider selling at Spin Master (TOY)

Multiple insider selling at Spin Master (T:TOY)

Updated Thursday May 25, 2017 02:07 AM EDT
The following insiders sold Subordinate Voting Shares at a price of $40.750 through a prospectus or prospectus exempt offering on May 24th, 2017:

LentilBerry Inc., a 10% Holder, disposed of 1,472,400 Subordinate Voting Shares on a direct ownership basis. This represents a $60,000,300 divestment of the company's shares and an account share holdings change of -100.0%.

Trumbanick Investments Ltd., a 10% Holder, disposed of 981,600 Subordinate Voting Shares on a direct ownership basis. This represents a $40,000,200 divestment of the company's shares and an account share holdings change of -100.0%.

Marathon Investment Holdings Ltd., a 10% Holder, disposed of 736,450 Subordinate Voting Shares on a direct ownership basis. This represents a $30,010,338 divestment of the company's shares and an account share holdings change of -100.0%.

Ronnen Harary, CEO, Director and 10% Holder, disposed of 490,550 Subordinate Voting Shares on an indirect ownership basis for registered holder 1-R32 Foundation. This represents a $19,989,912 divestment of the company's shares and an account share holdings change of -100.0%.

Spin Master is in the Toys & Juvenile Products Sub Industry Group under the Consumer Cyclicals Sector.

Spin Master Corp., formerly SML Investments Inc., is a Canada-based children's entertainment company. The Company, through Spin Master Ltd. and its subsidiaries, is engaged in creating, designing, manufacturing and marketing a diversified portfolio of toys, games, products and entertainment properties. The Company's segments include North America, consisting of the United States and Canada; Europe, consisting of Spin Master's subsidiaries in the United Kingdom, France, Italy, the Netherlands, Germany, Austria and Switzerland, and the Rest of World, consisting of Spin Master's subsidiary in Mexico and all other areas of the world serviced by Spin Master's third-party distribution network. Its portfolio includes children's products, brands and entertainment properties, which are grouped into four product categories, including Activities, Games & Puzzles and Fun Furniture; Remote Control and Interactive Characters; Boys Action and High-Tech Construction, and Pre-School and Girls.


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