Scott J. Reiman, Director, 10% Owner at PROSPECT GLOBAL RESOURCES INC. (PGRX), bought 3,868,775 shares at $4.25 ($15.2M) on 2011-11-22, disclosed to the SEC on 2011-12-02.
Open-market purchase of $15.2M PGRX by Director, 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.00 | 881,507 | $2.6M | 17.4% |
| 2 | $3.83 | 399,033 | $1.5M | 10.1% |
| 3 | $4.25 | 2,588,235 | $11.0M | 72.5% |
| Total | $3.92 avg | 3,868,775 | $15.2M | 100% |