CRAIN BOHN H exercised Options for 27,595 Radiant Logistics shares and received 29,625 derivative securities, while forfeiting 6,880 shares at $8.13 each. The transactions changed the chief executive’s reported direct and derivative holdings, including the elimination of a prior derivative position and the creation of a new 29,625-security position.

Key Highlights

  • CRAIN BOHN H’s share position stood at 4,231,841 after the forfeiture transaction.
  • The 6,880-share forfeiture was recorded at $8.13 per share.
  • The filing reports a 29,625-derivative-security award on Sep. 10.

The transaction left CRAIN BOHN H with 4,238,721 shares, representing about 0.7% of the resulting share holding.

Share Forfeiture Recorded at $8.13

A separate Sep. 11 transaction involved the forfeiture of 6,880 Radiant Logistics (AMEX: RLGT) shares at $8.13 per share. CRAIN BOHN H then held 4,231,841 shares. The forfeiture represented about 0.2% of the prior share holding. The option exercise also covered 27,595 derivative securities. After that transaction, CRAIN BOHN H owned zero derivative securities, representing about 100.0% of the prior derivative securities holding.

New Derivative Position Follows Award

The resulting derivative securities holding was 29,625, equal to about 100.0% of the resulting position. The transaction codes classify the activity as an option exercise, a forfeiture and an award. The filing reports share transactions and derivative-security changes across Sep. 10 and Sep. 11.