*Gary C. Granoff
Michael Feinsod and Steven Etra (directors), and Gary Granoff
, Richard Feinstein and Silvia Mullens (officers), are each “interested persons” with respect to Ameritrans
, as such term is defined in the 1940 Act.
All Officers and Directors: Michael Feinsod, Steven Etra, Elliott Singer, John R. Laird, Howard F. Sommer, Ivan Wolpert, Peter Boockvar, Gary C. Granoff, Richard Feinstein and Silvia Mullens.
Consists of (i) 138,813 shares owned directly by Mr. Granoff; (ii) 16,900 shares owned by The Granoff Family Foundation
, a charitable foundation for which Mr. Granoff
and his brother are trustees; (iii) 261 shares held by GCG Associates Inc.
, a corporation controlled by Mr. Granoff; (iii) 78,584 shares owned by DAPARY Management Corp.
, a corporation controlled by Mr. Granoff; (iv) 43,438 shares held by Mr. Granoff
in various IRA or pension accounts; (v) 6,000 shares held in an irrevocable subchapter S trust for the benefit of Mr. Granoff’s son of which Mr. Granoff
is the trustee; and (vi) 11,937 shares owned directly by Leslie Granoff, Mr. Granoff’s wife, of which shares Mr. Granoff
disclaims beneficial ownership.
Gary C. Granoff (63) (1)
Managing Director, Chief Executive Officer (until 2008) and Chief Financial Officer (until 2010) of Ameritrans; Officer and Of Counsel of Granoff, Walker Forlenza, P.C., a law firm
The address for each of Michael Feinsod, Gary C. Granoff
, Ivan Wolpert, Richard L. Feinstein and Silvia M. Mullens is c/o Ameritrans Capital Corporation, 50 Jericho Quadrangle, Jericho, New York, 11753.
Each of Mr. Feinsod and Mr. Granoff is an officer of the Company and beneficially owns 5% or more of the outstanding voting securities of the Company.
Gary C. Granoff, age 63, was Chairman of the Board of Ameritrans from its formation until November 10, 2010.
Mr. Granoff has been a Managing Director of Ameritrans since October, 2008.
Prior to his appointment as Managing Director, Mr. Granoff served as our Chief Executive Officer until he stepped down from such position in October, 2008.
Mr. Granoff also served as our Chief Financial Officer of the Company from 2000 until the expiration of his term in such office on June 30, 2010 and as the President of Elk from 1980 until July 2010 and as a director of Ameritrans from 1998 until his resignation on February 9, 2012.
Mr. Granoff is presently of counsel at the law firm of Granoff, Walker Forlenza, P.C.
Mr. Granoff is a member of the bar of the State of New York and the State of Florida.
Mr. Granoff holds a BBA in Accounting and a JD from The George Washington University.
Murray Indick and Gary Granoff resigned as directors on September 7, 2011 and February 9, 2012, respectively, further reducing the number of members of the Board of Directors to seven.
Gary C. Granoff