VLG » Topics » Common Stock Ownership of Certain Beneficial Owners

This excerpt taken from the VLG DEF 14A filed Oct 2, 2006.
Common Stock Ownership of Certain Beneficial Owners
 
The following table sets forth certain information with respect to each person known to the Company to be the beneficial owner of more than 5% of the Company’s outstanding Common Stock as of September 19, 2006:
 
                 
          Percent of
 
    Number of Shares
    Common Stock
 
Name of Beneficial Owner
  Beneficially Owned     Outstanding(1)  
 
Gary E. West (2)
    7,016,600       71.5 %
Entities affiliated with T. Rowe Price Associates, Inc. (3)
    863,900       8.8  
Entities affiliated with Bislett Partners L.P. (4)
    564,500       5.7  
 
 
(1) Percentages are determined in accordance with Rule 13d-3 under the Exchange Act.
 
(2) Mr. West’s address is c/o Valley National Gases Incorporated, 200 West Beau Street, Suite 200, Washington, Pennsylvania 15301. A portion of his shares is beneficially owned and controlled through two grantor retained annuity trusts.


4


Table of Contents

(3) As provided in an amended Form 13G filed with the SEC on February 14, 2006. T. Rowe Price Associates, Inc., a registered investment advisor, holds sole voting power as to 95,500 shares and sole dispositive power as to 863,900 shares. T. Rowe Price Small-Cap Value Fund, Inc., holds sole voting power as to 765,000 shares. Their address is 100 E. Pratt Street, Baltimore, Maryland 21202.
 
(4) As provided in an amended Form 13G filed with the SEC on January 18, 2006. Bislett Partners L.P. is a California Limited Partnership located at 868 South California Avenue, Palo Alto, California 94306 and holds sole voting and dispositive power as to 7,700 shares and shared voting and dispositive power as to 556,800 shares.
 
Since Mr. West holds over 50% of the voting power of the Company, the Company has determined that it is a “controlled company” within the meaning of Section 801(a) of the AMEX listing standards. Pursuant to Section 801(a), as a “controlled company,” the Company is not required to comply with Sections 802(a), 804 or 805 of the AMEX listing standards relating to independent directors, Board nominations and executive compensation, respectively.
 
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki