Multiple insider selling at Spin Master (TOY)

Multiple insider selling at Spin Master (T:TOY)

Updated Thursday Aug 16, 2018 01:48 AM EDT
LentilBerry Inc., a 10% Holder, disposed of 931,600 Subordinate Voting Shares on a direct ownership basis at a price of $53.400 through a prospectus or prospectus exempt offering on August 15th, 2018. This represents a $49,747,440 divestment of the company's shares and an account share holdings change of -100.0%.

Others selling included Trumbanick Investments Ltd., a 10% Holder, disposed of 931,600 Subordinate Voting Shares on a direct ownership basis. This represents a $49,747,440 divestment of the company's shares and an account share holdings change of -100.0%.

Marathon Investment Holdings Ltd., a 10% Holder, disposed of 652,100 Subordinate Voting Shares on a direct ownership basis. This represents a $34,822,140 divestment of the company's shares and an account share holdings change of -100.0%.

Benoit Gadbois, a Senior Officer and Director, disposed of 282,774 Subordinate Voting Shares on a direct ownership basis. This represents a $15,100,132 divestment of the company's shares and an account share holdings change of -26.9%.

Ronnen Harary, CEO, Director and 10% Holder, disposed of 279,500 Subordinate Voting Shares on an indirect ownership basis for registered holder 1-R32 Foundation. This represents a $14,925,300 divestment of the company's shares and an account share holdings change of -100.0%.

Chris Beardall, a Senior Officer, disposed of 78,132 Subordinate Voting Shares on a direct ownership basis. This represents a $4,172,249 divestment of the company's shares and an account share holdings change of -24.7%.

Chi Wah Yuen, a Subsidiary Executive, disposed of 55,403 Subordinate Voting Shares on a direct ownership basis. This represents a $2,958,520 divestment of the company's shares and an account share holdings change of -32.6%.

Mark Segal, CFO, disposed of 51,141 Subordinate Voting Shares on a direct ownership basis. This represents a $2,730,929 divestment of the company's shares and an account share holdings change of -21.0%.

Adam Beder, a Senior Officer, disposed of 50,000 Subordinate Voting Shares on a direct ownership basis. This represents a $2,670,000 divestment of the company's shares and an account share holdings change of -15.2%.

Finally, William Hess, a Senior Officer, disposed of 45,459 Subordinate Voting Shares on a direct ownership basis. This represents a $2,427,511 divestment of the company's shares and an account share holdings change of -24.0%.

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.

Headlines: Aug 16, 2018


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