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To read comments to this article, go here
Mr. Mustard Files With SEC Re Shares to Yarro
Tuesday, March 15 2005 @ 10:36 PM EST

There is no moss growing on Mr. Mustard, the new President and CEO of Canopy Group. While SCO struggles to file the tardy 10K, he has already filed the Form 4 regarding the 5,492,834 shares that go to Ralph Yarro under the recent Canopy-Yarro settlement agreement.

At least I assume that is what this notation means:

Explanation of Responses:

1. Reporting Person disposed of these shares in connection with a settlement agreement reached with a former executive of Reporting Person. The shares were transferred to the former executive pursuant to the terms of a Stock Purchase Agreement for consideration other than cash.

Now Yarro is nameless, just "a former executive of Reporting Person, " which brings to my mind the discredited relative called only So-and-So in the story of Ruth, whose name wasn't even recorded because he didn't measure up.

The Canopy-Yarro settlement was announced formally on Friday, and this form was filed with the SEC that same day.


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