Filing Details

 

 

CUSIP No. 94114L109
1.       Namesof Reporting Persons. David King
2. Check the Appropriate Box if a Member of a Group
(a)  ☐ (b)  ☐
3. SEC Use Only
4. Source of Funds SC (see Item 3)
5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ☐
6. Citizenship or Place of Organization Texas
Number of SharesBeneficiallyOwned by EachReportingPerson With:	7. Sole Voting Power 8,136,650
	8. Shared Voting Power 1,000,000
	9. Sole Dispositive Power 8,136,650
	10. Shared Dispositive Power 1,000,000
11. Aggregate Amount Beneficially Owned by Each Reporting Person         9,136,650
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares ☐
13. Percent of Class Represented by Amount in Row (11)        28%*
14.IN

 

 

*This calculation is based on 32,566,808 shares of Common Stock outstanding as of June 22, 2018 as confirmed by the Company’s registrar and transfer agent.

 

 

This Amendment No. 2 amends the Schedule 13D filed April 3, 2018 (as amended, the “Schedule 13D”) of David King, in respect of shares of Common Stock, no par value, of Water Now, Inc., a Texas corporation, as follows:

 

ITEM 1. SECURITY AND ISSUER

 

Item 1 is hereby amended by revising the following paragraphs:

The Reporting Person (as defined below) beneficially owns 9,136,650 shares of Common Stock (the “Subject Shares”), which number includes: 1,000,000 shares held by Mr. King’s spouse.

The Subject Shares represent approximately 28% of the outstanding shares of Common Stock based on 32,566,808 shares of Common Stock outstanding as of June 22, 2018 as confirmed by the Company’s registrar and transfer agent.

 

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER

Item 5 is hereby amended by revising the paragraph contained in Item 5(a) and (b) with the following:

 

(a)

The Reporting Person, beneficially owns 9,136,650 shares of Common Stock, which includes: 1,000,000 shares held by Mr. King’s spouse. The Subject Shares represent approximately 28% of the outstanding shares of Common Stock based on 32,566,808 shares of Common Stock outstanding as of June 22, 2018 as confirmed by the Company’s registrar and transfer agent.

(b)	Mr. King may be deemed to have the shared power to vote or direct the vote (and the shared power to dispose or direct the disposition) of 1,000,000 of the Subject Shares. Mr. King may be deemed to have the sole voting power over 9,136,650 of the Subject Shares.

Item 5 is hereby further amended by adding the following to Item 5(c) at the beginning thereof:

(c)

Schedule I to this Statement sets forth transactions in the Common Stock which were effected commencing sixty (60) days prior to the date of this filing. The transactions in the Common Stock described in Schedule I made during this period were duly noted on the stock transfer records of the Company’s registrar and transfer agent, Securities Transfer Corporation. Except as set forth in Schedule I, no transactions in the Common Stock were effected by Mr. King or, to the knowledge of Mr. King, any of the persons listed on Schedule I hereto, during the referenced period.

 

 

(Signature page to follow)

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authority to sign on behalf of such person shall be filed with the statement: provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.