DOWLING VINCENT J. JR purchased 9.7% of their position (35K shares) of TEL INSTRUMENT ELECTRONICS CORP on the open market
Open‑market purchase worth $62.6K — a moderate purchase. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 8/29/2022ACC: 0001575705-22-000635
10% Owner
Since Aug 2018
+368.33K
Net shares
Net buyer
$62.6K
Total acquired
3
Open market trades
3B · 0S
4
Total transactions
368.33K acquired
Non-Derivative Transactions3
Common Stock, par value $0.10 per share
Indirect
Shares
+2.40K
Price / share
$1.85
Trade value
$4.44K
% of position
0.7%
8/26/2022
361.37K→363.77K
Common Stock, par value $0.10 per share
Indirect
Shares
+7.60K
Price / share
$1.86
Trade value
$14.14K
% of position
2.1%
8/26/2022
363.77K→371.37K
Common Stock, par value $0.10 per share
Indirect
Shares
+25K
Price / share
$1.76
Trade value
$44K
% of position
6.7%
8/26/2022
371.37K→396.37K
Total
Net shares
+35K
Net value
$62.58K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.10 per share Indirect | 8/26/2022 | P · Purchase | +2.40K | $1.85 | $4.44K | 0.7% | 361.37K | 363.77K |
| Common Stock, par value $0.10 per share Indirect | 8/26/2022 | P · Purchase | +7.60K | $1.86 | $14.14K | 2.1% | 363.77K | 371.37K |
| Common Stock, par value $0.10 per share Indirect | 8/26/2022 | P · Purchase | +25K | $1.76 | $44K | 6.7% | 371.37K | 396.37K |
| Total | +35K | $62.58K | ||||||
Derivative Transactions1
Series A Convertible Preferred Stock
Indirect
Converts to
Common Stock
1M shares
Shares
+333.33K
Strike price
Held after
333.33K
Exercisable
—
11/13/2017
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred Stock Indirect | Common Stock1M shares | 11/13/2017 | P · Purchase | +333.33K | — | 333.33K |