Filing Details

Accession Number:
0001083763-15-000006
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-31 09:43:38
Reporting Period:
2015-03-27
Filing Date:
2015-03-31
Accepted Time:
2015-03-31 09:43:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1294649 Patent Properties Inc. PPRO Patent Owners & Lessors (6794) 300342273
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1083763 S Jay Walker Patent Properties
Two High Ridge Park
Stamford CT 06905
Executive Chairman Yes Yes Yes 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 Acquisiton 2015-03-27 1,440 $1.36 4,320 No 4 P Direct
Common Stock Acquisiton 2015-03-30 1,440 $1.40 5,760 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,358,500 Indirect Walker Digital, LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Series B Convertible Preferred Stock $0.00 14,999,000 14,999,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
14,999,000 14,999,000 Indirect
Footnotes
  1. The purchase of the shares of Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 19, 2015.
  2. The Reporting Person is the sole member of JSW Investments, LLC, which is the managing member of Walker Digital, LLC; therefore the reporting person may be deemed to indirectly beneficially own the Issuer shares owned by Walker Digital, LLC.
  3. Each share of Series B Convertible Preferred Stock is convertible, at the option of the reporting person, at any time and from time to time, into one (1) share of Issuer's Common Stock.