Paul A Vermylen, an insider of Star Gas Partners, recently cashed-in 634,099 options. The options were exercised at $0.00, while the disposals took place at $0.00 per share, on December 04, 2019. Vermylen continues to hold 1,274,512 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Vermylen operates out of Stamford, CT. Some additional info was provided as follows:
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for Section 16 or any other purpose.
These securities are owned directly by The Paul A. Vermylen, Jr. 2015 Irrevocable Trust. The reporting person is the settlor of the trust and the reporting person's spouse is a beneficiary of the trust.
These securities are owned directly by The Robin C. Vermylen 2016 Irrevocable Trust. The reporting person is a trustee of the trust and is a beneficiary of the trust. Therefore, the reporting person may be deemed to have a pecuniary interest in the securities held by the trust.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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