Filing Details
- Accession Number:
- 0001415889-13-001118
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-06-07 17:07:58
- Reporting Period:
- 2013-05-31
- Filing Date:
- 2013-06-07
- Accepted Time:
- 2013-06-07 17:07:58
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
12239 | Spherix Inc | SPEX | Services-Testing Laboratories (8734) | 520849320 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1371074 | J Harvey Kesner | 7927 Jones Branch Drive Suite 3125 Tysons Corner VA 22102 | Interim Ceo | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2013-05-31 | 110,000 | $0.00 | 29,795 | No | 4 | S | Indirect | See Explanatory Note |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See Explanatory Note |
Footnotes
- The purchase price is equal to the fair market value of the shares of common stock on May 31, 2013 as determined pursuant to a written valuation report prepared by an independent financial advisory firm. An initial payment of $50,000 was made pending receipt of the final valuation report.
- Includes (i) 9,391 shares of common stock, (ii) warrants to purchase 9,391 shares of common stock exercisable within 60 days and (iii) 10,000 shares of restricted common stock held by Paradox Capital Partners LLC ("Paradox"). Includes options to purchase 1,013 shares of common stock exercisable within 60 days held by Mr. Kesner. Excludes 110,000 shares of restricted common stock held by U.S. Commonwealth Life A.I. ("USL") of which The Four Camps 2013 Trust is beneficiary. Mr. Kesner is the sole manager and member of Paradox and in such capacity has voting and dispositive power over shares held by Paradox. Mr. Kesner exercises no investment or voting power and disclaims beneficial ownership of the shares held by USL.