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Filing Details

Accession Number:: 0001144204-15-019260
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-03-30 13:41:11
Reporting Period:: 2015-01-12

Filing Date:: 2015-03-30
Accepted Time:: 2015-03-30 13:41:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1353487	Magnegas Corp	MNGA	Special Industry Machinery, Nec (3559)	260250418

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1448450	Carla Santilli	150 Rainville Road Tarpon Springs FL 34689		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-12	68,414	$0.71	5,327,379	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-13	87,500	$0.77	5,239,879	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-14	25,000	$0.96	5,214,879	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-23	22,361	$0.63	5,192,518	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-26	10,000	$0.64	5,182,518	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-27	21,500	$0.63	5,160,018	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-28	4,550	$0.65	5,156,468	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-01-30	10,000	$0.64	5,146,468	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-02-02	10,000	$0.65	5,136,468	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-02-05	14,450	$0.70	5,122,018	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-02-06	7,181	$0.71	5,114,837	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-02-09	22,319	$0.70	5,092,518	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-03-19	1,229	$0.81	5,091,289	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-03-20	10,000	$0.81	5,081,289	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2015-03-20	27,894	$0.72	5,109,183	No	4	A	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-03-23	10,000	$0.86	5,099,183	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-03-24	10,000	$0.83	5,089,183	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2015-03-25	10,000	$0.82	5,079,183	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

The reporting person is hereby disclosing a delinquent Form 4. As of December 31, 2014, the reporting person owned a total of 5,395,793 shares that included: (a) 2,307,829 shares held by Global Alpha, LLC, a privately owned company which is 50% owned by each of the reporting person and the reporting person's spouse, Ruggero Santilli; (b) 1,626,000 shares held by Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli; (c) 313,000 shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (d) 270,000 shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (Continued Note 2)
(e) 10,000 shares held in Ruggero Santilli's own name; (f) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (f) 43,964 shares held in the name of the reporting person; and (g) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable. This Form 4 does not disclose the transactions in the common stock of the Issuer in which the reporting person engaged from August 23, 2012, the date on which the reporting person filed her last Form 4, through December 31, 2014.
Global Beta sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan.
The prices reported in Column 4 for the sales on January 12, January 13, January 14, January 23, January 26, January 27, January 28, January 30, February 2, February 5, February 6, February 9, March 19, March 20, March 23, March 24, and March 25 are weighted average sales prices. These shares were sold pursuant to the 10b5-1 trading plan in multiple transactions at prices ranging from $0.630 to $0.960, inclusive for the trades executed on those dates in January, February, and March. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Acquired in the reporting person's own name pursuant to an award under the MagneGas Corporation 2014 Equity Incentive Award Plan for her services rendered as a member of the Board of Directors for the period of November 16, 2014 through February 15, 2015.