Filing Details
- Accession Number:
- 0001083763-15-000064
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-06-22 13:06:56
- Reporting Period:
- 2015-06-18
- Filing Date:
- 2015-06-22
- Accepted Time:
- 2015-06-22 13:06:56
- 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 | 2015-06-18 | 1,120 | $1.40 | 162,596 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2015-06-19 | 1,120 | $1.43 | 163,716 | 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
- 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.
- 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.
- 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.