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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock Purchase Warrants | $ 0.25 | (2) | 03/31/2018 | Common Stock | 1,187,500 | 1,187,500 | D (1) (2) | ||||||||
Common Stock Purchase Warrants | $ 0.25 | (2) | 04/10/2018 | Common Stock | 62,500 | 62,500 | D (1) (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ARACLE SPF I, LLC 1 PENN PLAZA STE: 2411 NEW YORK, NY 10119 |
X | |||
ARACLE MANAGEMENT, LLC 1 PENN PLAZA STE: 2411 NEW YORK, NY 10119 |
X |
Aracle SPF I, LLC. By Aracle Management, LLC. By: /s/ Joshua S. Lev, Manager | 12/24/2014 | |
**Signature of Reporting Person | Date | |
Aracle Management, LLC. By: /s/ Joshua S. Lev, Manager | 12/24/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | All securities held directly by Aracle SPF I, LLC (the "Fund"). Aracle Management, LLC. is the Manager of the Fund and shares in profits, if any, of the Fund. Aracle Management, LLC. may be deemed an indirect beneficial owner of securities held by the Fund and disclaims any direct beneficial ownership of any securities held by the Fund. |
(2) | Indicates Warrants acquired from the Issuer on or before April 10th 2014, as part of the Units in which the shares disclosed on Table 1 were acquired, as previously reported. All of the Warrants have already become exercisable, none of which Warrants have been exercised or sold as of the date of this report. All of the holdings have been previously reported by the Reporting Persons on its Form 3. |