Filing Details

Accession Number:
0001144204-15-064713
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-11-12 16:15:46
Reporting Period:
2015-08-13
Filing Date:
2015-11-12
Accepted Time:
2015-11-12 16:15:46
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-13 20,000 $0.98 4,843,673 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-17 20,000 $1.01 4,823,673 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-18 10,000 $1.04 4,813,673 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-19 10,000 $1.08 4,803,673 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-21 8,852 $1.06 4,794,821 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-24 20,000 $0.98 4,774,821 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-26 10,000 $0.99 4,764,821 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-28 20,000 $0.97 4,744,821 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-08-31 10,000 $0.97 4,734,821 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-09-01 6,891 $0.95 4,727,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-09 10,000 $1.11 4,717,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-12 10,000 $1.10 4,707,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-13 30,000 $1.11 4,677,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-14 10,000 $1.09 4,667,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-15 40,000 $1.14 4,627,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-16 41,500 $1.21 4,586,430 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-19 48,905 $1.28 4,537,525 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-20 50,000 $1.30 4,487,525 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-21 50,000 $1.36 4,437,525 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-22 29,595 $1.37 4,407,930 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Disposition 2015-10-23 40,000 $1.24 4,367,900 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 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
Footnotes
  1. The reporting person is hereby disclosing a delinquent Form 4. Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli (the reporting person's spouse) sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan.
  2. This Form 4 also corrects an error in the Form 4 filed by the reporting person on March 30, 2015. The March 30 Form 4 reported that, as of December 31, 2014, Global Beta, LLC owned 1,626,000 shares. This was incorrect. As of December 31, 2014, Global Beta owned: (a) 1,626,000 restricted shares; and (b) 289,879 free trading shares held in a brokerage account. During 2015, the reporting person sold all 289,879 of these free trading shares pursuant to a Rule 10b5-1 trading plan, and, in addition, had the restrictive legend removed from 1,080,000 restricted shares via Rule 144 opinions, deposited these shares in Global Beta's brokerage account, and sold all of these shares pursuant to a Rule 10b5-1 trading plan. The 1,369,879 shares sold by the reporting person in 2015 have now all been reported in the calendar year 2015 Form 4s filed by the reporting person.
  3. As of November 12, 2015, the reporting person owns a total of 4,367,900 shares: (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) 546,000 restricted 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; . (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) 96,071 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.