{"transactions":[{"id":4523057,"issuer":{"id":7445,"kind":"organization","name":"RAND CAPITAL CORP"},"owners":[{"id":180415,"kind":"organization","name":"COLMAC HOLDINGS LTD","position":1,"cik":"0001032435","reported_name":"COLMAC HOLDINGS LTD","relationship":{"director":false,"officer":false,"ten_percent_owner":true,"other":false}}],"security":"Common Stock","published_at":"2016-12-14T22:08:15.000Z","date":"2016-12-13","kind":"sale","acquired":false,"shares":810000,"price":3,"value":2430000.0,"ownership":{"direct":false,"nature":"See Footnote"},"footnotes":[{"field":"ownership.nature","element":"natureOfOwnership","label":"F1","text":"Prior to effecting the sales, Colmac Holdings Ltd. sold its 810,000 shares of common stock of Rand Capital Corporation to its affiliate, Georgian Villas Inc. Georgian Villas Inc. then effected the sales in a series of private transactions on December 13, 2016."}],"balance_after":0,"source":{"system":"sec-edgar","filing":"0000899243-16-035552","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/81955/000089924316035552/doc4.xml","form_type":"4"}}]}