DOWLING VINCENT J. JR purchased 12.6% of their position (50K shares) of TEL INSTRUMENT ELECTRONICS CORP on the open market
Open‑market purchase worth $76.0K — a moderate purchase. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 9/8/2022ACC: 0001575705-22-000650
10% Owner
Since Aug 2018
+383.33K
Net shares
Net buyer
$76.0K
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
383.33K acquired
Non-Derivative Transactions1
Common Stock, par value $0.10 per share
Indirect
Shares
+50K
Price / share
$1.52
Trade value
$76K
% of position
12.6%
9/7/2022
396.47K→446.47K
Total
Net shares
+50K
Net value
$76K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.10 per share Indirect | 9/7/2022 | P · Purchase | +50K | $1.52 | $76K | 12.6% | 396.47K | 446.47K |
| Total | +50K | $76K | ||||||
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 |