Filing Details
- Accession Number:
- 0001209191-14-034745
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-16 17:58:50
- Reporting Period:
- 2014-05-14
- Filing Date:
- 2014-05-16
- Accepted Time:
- 2014-05-16 17:58:50
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 793524 | Research Frontiers Inc | REFR | Patent Owners & Lessors (6794) | 112103466 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1132859 | Kevin Douglas | 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939 | No | No | Yes | Yes | |
| 1268474 | Trust Family Douglas | 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939 | No | No | Yes | Yes | |
| 1268475 | Trust Descendants Irrevocable Douglas Jean & James | 125 E. Sir Francis Drake Blvd., Ste 400 Larkspur CA 94939 | No | No | Yes | Yes |
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 | Acquisiton | 2014-05-14 | 15,000 | $4.45 | 910,652 | No | 4 | X | Direct | |
| Common Stock | Acquisiton | 2014-05-14 | 25,000 | $4.45 | 1,517,754 | No | 4 | X | Indirect | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| Common Stock | Acquisiton | 2014-05-14 | 10,000 | $4.45 | 607,101 | No | 4 | X | Indirect | By Douglas Family Trust |
| Common Stock | Acquisiton | 2014-05-15 | 15,387 | $5.30 | 926,039 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2014-05-15 | 25,646 | $5.30 | 1,543,400 | No | 4 | P | Indirect | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| Common Stock | Acquisiton | 2014-05-15 | 10,258 | $5.30 | 617,359 | No | 4 | P | Indirect | By Douglas Family Trust |
| Common Stock | Acquisiton | 2014-05-16 | 2,610 | $5.30 | 928,649 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2014-05-16 | 4,350 | $5.30 | 1,547,750 | No | 4 | P | Indirect | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| Common Stock | Acquisiton | 2014-05-16 | 1,740 | $5.30 | 619,099 | No | 4 | P | Indirect | By Douglas Family Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | X | Direct | |
| No | 4 | X | Indirect | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| No | 4 | X | Indirect | By Douglas Family Trust |
| No | 4 | P | Direct | |
| No | 4 | P | Indirect | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| No | 4 | P | Indirect | By Douglas Family Trust |
| No | 4 | P | Direct | |
| No | 4 | P | Indirect | By James Douglas and Jean Douglas Irrevocable Descendants' Trust |
| No | 4 | P | Indirect | By Douglas Family Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrant (right to buy) | Disposition | 2014-05-14 | 15,000 | $0.00 | 15,000 | $4.45 |
| Common Stock | Warrant (right to buy) | Disposition | 2014-05-14 | 25,000 | $0.00 | 25,000 | $4.45 |
| Common Stock | Warrant (right to buy) | Disposition | 2014-05-14 | 10,000 | $0.00 | 10,000 | $4.45 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-08-31 | No | 4 | X | Direct | |
| 0 | 2017-08-31 | No | 4 | X | Indirect | |
| 0 | 2017-08-31 | No | 4 | X | Indirect |
Footnotes
- These shares are held directly and jointly by Kevin Douglas and his wife, Michelle Douglas.
- Each of the reporting persons hereunder (individually, a "Reporting Person" and collectively the "Reporting Persons") may be deemed a member of a "group" within the meaning of Section 13(d)(3) of the Securities and Exchange Act of 1934, as amended (the "Exchange Act") or Rule 13d-5 promulgated under the Exchange Act, with one or more of the other Reporting Persons. Although the Reporting Persons are reporting such securities as if they were members of a "group", the filing of this Form 4 shall not be deemed an admission by any Reporting Person that such Reporting Person is a beneficial owner of any securities other than those directly held by such Reporting Person.
- These shares are held directly by the James Douglas and Jean Douglas Irrevocable Descendants' Trust and indirectly by Kevin Douglas and Michelle Douglas. Kevin Douglas and Michelle Douglas, husband and wife, are each a co-trustee of the James Douglas and Jean Douglas Irrevocable Descendants' Trust.
- These shares are held directly by the Douglas Family Trust and indirectly by Kevin Douglas. James E. Douglas, Jr. and Jean A. Douglas, husband and wife, are each a co-trustee of the Douglas Family Trust.
- This warrant is exercisable at any time up to and including the expiration date. The terms of this warrant contain a limitation on conversion which prevents the Reporting Person from converting this warrant into shares if, after giving effect to the conversion, the Reporting Person would beneficially own more than 14.99% of the issuer's outstanding shares.
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