dChan
Anonymous ID: 4c979b Sept. 2, 2020, 12:44 p.m. No.10506565   🗄️.is đź”—kun   >>6799 >>6865

1-800 Flowers.com sold by Executive Chairman: $19.90m-Sept 1

 

Founder and Executive Chairman Jim McCann and the McCann Family Trusts Sell Approximately 2% of Company Holdings for Estate and Tax Planning Purposes

…..today announced that Jim McCann, Founder and Executive Chairman, and the McCann Family Trusts recently sold approximately 845,000 shares of 1-800-Flowers.com, Inc. stock for purposes of family tax and estate planning. The sale represents approximately 2% percent of McCann’s and the McCann Family Trusts’ aggregate ownership position in the Company. McCann and the McCann Family Trusts retain beneficial ownership of approximately 40 million shares representing more than 51 percent of the Company’s total shares outstanding. McCann has informed the Company that he currently has no plans to sell any additional shares.

https://www.marketscreener.com/quote/stock/1-800-FLOWERS-COM-INC-9319/news/1-800-FLOWERS-COM-Inc-Founder-and-Executive-Chairman-Jim-McCann-and-the-McCann-Family-Trusts-Sel-31217587/

1-800-Flowers.Com, Inc. is a provider of gourmet food and floral gifts for all occasions. The Company offers gifts for every occasion, including fresh flowers and a selection of plants, gift baskets, gourmet foods, confections, candles, balloons and stuffed animals. The Company operates through three business segments: Consumer Floral, Gourmet Food and Gift Baskets, and BloomNet Wire Service. The Consumer Floral segment includes the operations of the Company's flagship brand, 1-800-Flowers.com, FruitBouquets.com and Flowerama. The Gourmet Food and Gift Baskets segment includes the operations of Harry & David (which includes Wolferman's, Moose Munch and Stockyards.com), Cheryl's (which includes Mrs. Beasley's), The Popcorn Factory, DesignPac, Shari's Berries and 1-800-Baskets. The BloomNet Wire Service segment includes the operations of BloomNet and Napco.

https://www.marketscreener.com/quote/stock/1-800-FLOWERS-COM-INC-9319/company/

https://www.finviz.com/insidertrading.ashx?oc=1205164&tc=7&b=2