Filing Details
- Accession Number:
- 0001445866-15-001374
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-11-24 18:54:04
- Reporting Period:
- 2015-11-20
- Filing Date:
- 2015-11-24
- Accepted Time:
- 2015-11-24 18:54:04
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1396633 | Summer Energy Holdings Inc | SUME | Electric Services (4911) | 202722022 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1116185 | Neil Leibman | 800 Bering Drive Suite 260 Houston TX 77057 | Chief Executive Officer | 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 | 2015-11-24 | 24,426 | $0.00 | 528,186 | No | 4 | J | Direct | |
Common Stock | Acquisiton | 2015-11-20 | 2,470 | $1.28 | 9,820 | No | 4 | P | Indirect | Footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Direct | |
No | 4 | P | Indirect | Footnote |
Footnotes
- The reporting person received these shares of common stock in connection with a personal guaranty given by the reporting person for the benefit of the Issuer in connection with an Advance-to-Loan Amount Note, whereby the Issuer borrowed funds from a lending institution. In consideration of such personal guaranty, the Issuer agreed to grant up to 30,000 shares of common stock per month, reduced accordingly as the principal amount of the Note is reduced.
- Does not include 46,479 shares held of record by Boxer Capital, Ltd., a Texas LP. Mr. Leibman is general partner of such entity and has sole voting and dispositive power over such shares. Also does not include 1,807,576 shares held of record by MAA Holdings Limited, a Texas LP. Mr. Leibman is general partner of such entity and has sole voting and dispositive power over such shares. Also does not include 9,820 shares held of record by Northeast Opco, LLC, a Texas LLC. Mr. Leibman is a control person and 20% owner of such entity and shares voting and dispositive power over such shares. Mr. Leibman disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
- The reported securities were purchased by NORTHEAST OPCO, LLC, a Texas limited liability company of which the Reporting Person is an officer and control person as well as a 20% owner. The Reporting Person disclaims beneficial ownership of the shares of common stock held by NORTHEAST OPCO, LLC, except to the extent of his pecuniary interest therein. The purchases were made pursuant to a 10b5-1 trading plan adopted by NORTHEAST OPCO, LLC, on June 19, 2015.