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Filing Details

Accession Number:: 0001144204-13-056146
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-10-21 17:47:51
Reporting Period:: 2013-10-17

Filing Date:: 2013-10-21
Accepted Time:: 2013-10-21 17:47:51
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1507605	Marathon Patent Group Inc.	MARA	Sanitary Services (4950)	010949984

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1331984	Erich Spangenberg	2515 Mckinney Avenue, Suite 1000 Dallas TX 75201	No	No	Yes	No
1423724	Audrey Spangenberg	2515 Mckinney Avenue, Suite 1000-B Dallas TX 75201	No	No	Yes	No
1423727	Acclaim Financial Group, Llc	11700 Preston Road, Suite 660-207 Dallas TX 75201	No	No	Yes	No
1423728	Techdev Holdings, Llc	11700 Preston Road, Suite 660-207 Dallas TX 75201	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value Per Share	Acquisiton	2013-10-17	150,000	$0.00	150,000	No	4	P	Indirect	By TT IP, LLC

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	By TT IP, LLC

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.0001 Par Value Per Share	48,077	Indirect	By IPNav Capital, LLC
Common Stock, $0.0001 Par Value Per Share	461,539	Indirect	By TechDev Holdings, LLC
Common Stock, $0.0001 Par Value Per Share	153,847	Direct

Footnotes

The restricted shares of common were acquired by TT IP, LLC ("TT IP") in consideration for the sale and assignment of certain patent assets pursuant to the Patent Purchase Agreement, dated as of October 17, 2013, by and between TT IP and the issuer. The restricted shares are subject to a forfeiture right for the benefit of the issuer in the event that a license to the purchased patents is not granted by or on behalf of the issuer (an "Enforcement Action") by the lapse of the period ending October 17, 2014 (the "Enforcement Period"). In the event that by the end of the Enforcement Period, no Enforcement Action is effected and the issuer exercises its reversion assignment right, then the Restricted Shares shall immediately forfeit to the issuer.
(continued from footnote 1) The restricted shares shall be released from the forfeiture right upon the earlier of (i) an Enforcement Action being effected or (ii) the lapse of the 30 day period from the lapse of the Enforcement Period if the reversion assignment right is not exercised by the issuer.
Represents shares held directly by TT IP. Erich Spangenberg is the sole member of TT IP. Accordingly, Erich Spangenberg may be deemed to beneficially own all of the shares that are owned by TT IP. Mr. Spangenberg disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
Represents shares held directly by IPNav Capital. IP Navigation Group, LLC is the sole member of IPNav Capital. Erich Spangenberg is the managing member and owner of 90% of the membership interests in IP Navigation Group, LLC. Accordingly, Erich Spangenberg may be deemed to beneficially own all of the shares that are owned by IPNav Capital. Mr. Spangenberg disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
Represents shares held directly by TechDev Holdings, LLC (f/k/a Plutus IP, LLC) ("TechDev") as reported on the Form 3 filed by the reporting persons on May 2, 2013. Acclaim Financial Group, LLC ("AFG") is the sole member of TechDev. Accordingly, AFG may be deemed to beneficially own all of the shares that are owned by TechDev. Audrey Spangenberg is the sole managing member of AFG, and accordingly may be deemed to beneficially own all of the shares that are owned by TechDev. Ms. Spangenberg disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Ms. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
(continued from footnote 5) Erich Spangenberg, the spouse of Audrey Spangenberg, may be deemed to beneficially own all of the shares that are owned by Audrey Spangenberg. Mr. Spangenberg disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Mr. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.
Represents shares held directly by Erich Spangenberg as reported on the Form 3 filed by the reporting persons on May 2, 2013. Audrey Spangenberg, the spouse of Erich Spangenberg, may be deemed to beneficially own all of the shares that are owned by Erich Spangenberg. Ms. Spangenberg disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission that Ms. Spangenberg is the beneficial owner of these securities for the purpose of Section 16 or for any other purpose.