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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2005-09-08- -2005-09-12 Purchase |
2005-09-22 09:06 am | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 27,951 | $3.076(M) | $85,965 | 515,087 (Direct) | View |
| 2005-09-09 Purchase |
2005-09-16 11:05 am | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 2,500 | $3.388(M) | $8,471 | 487,136 (Direct) |
View |
| 2005-08-18- -2005-08-31 Purchase |
2005-09-12 10:27 am |
BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 2,300 | $3.684(M) | $8,473 | 484,636 (Direct) |
View |
| 2005-08-01- -2005-08-04 Purchase |
2005-08-18 12:08 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 400 | $3.19(M) | $1,276 | 482,336 (Direct) |
View |
| 2005-07-11- -2005-07-21 Purchase | 2005-07-25 5:11 pm |
BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 62,100 | $4.471(M) | $277,625 | 481,936 (Direct) | View |
| 2005-05-27- -2005-07-11 Purchase | 2005-07-18 1:43 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 6,300 | $3.871(M) | $24,388 | 419,836 (Direct) |
View |
| 2005-06-07- -2005-06-17 Purchase |
2005-06-24 09:40 am | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 3,900 | $3.573(M) | $13,935 | 413,536 (Direct) | View |
| 2005-06-03- -2005-06-07 Purchase | 2005-06-24 09:02 am |
BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 31,620 | $3.812(M) | $120,531 | 409,636 (Direct) | View |
| 2005-06-01 Purchase | 2005-06-06 4:32 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 9,380 | $3.294(M) | $30,896 | 378,016 (Direct) | View |
| 2005-05-25- -2005-05-26 Purchase | 2005-06-02 5:03 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 11,500 | $3.448(M) | $39,654 | 368,636 (Direct) |
View |
| 2005-05-24 Purchase | 2005-06-01 10:32 am | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 2,000 | $3.233(M) | $6,467 | 357,136 (Direct) |
View |
| 2005-05-17- -2005-05-23 Purchase | 2005-05-24 4:25 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 8,450 | $3.089(M) | $26,102 | 355,136 (Direct) |
View |
| 2005-05-11- -2005-05-13 Purchase |
2005-05-23 5:17 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 7,900 | $3.665(M) | $28,954 | 346,686 (Direct) |
View |
| 2005-05-10 Purchase |
2005-05-23 4:58 pm |
BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 3,482 | $2.94(M) | $10,238 | 338,786 (Direct) |
View |
| 2005-05-02- -2005-05-10 Purchase |
2005-05-23 4:33 pm |
BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 11,640 | $3.287(M) | $38,260 | 335,304 (Direct) |
View |
| 1999-02-25- -2001-03-08 Purchase | 2005-05-23 4:05 pm | BADGER PAPER MILLS INC | BPMI | AZZAR JAMES D (10% owner) | 46,800 | $4.07(M) | $190,468 | 323,664 (Direct Indirect) |
View |
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