Michael Hansen, a major owner of Ominto, Inc. and Ominto, Inc.'s Chief Executive Officer and a director of the company, recently acquired 17,257 shares of the company. The buys took place at prices ranging from $2.95 to $4.93 per share, on November 30, 2016. Hansen now owns 1,974,515 shares of the company. Hansen operates out of Boca Raton, FL. Some additional info was provided as follows:
Total of 17,257 shares of fully vested common stock awarded for payment of salary compensation fees in lieu of cash for January - March 2016. The number of shares granted were calculated using the average closing stock price for each month of service.
Mr. Hansen disclaims a pecuniary interest in any other ownership interest, including those securities held by Ms. Sorensen which are
not included in this Form 4, with whom he shares a household, and their adult child. As a member of the same household, Mr. Hansen may be deemed to have a pecuniary interest in any securities held by Ms. Sorensen or their adult child.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever Ominto, Inc. makes a similar move, sign up!