Filing Details
- Accession Number:
- 0001144204-16-076528
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-01-21 17:35:25
- Reporting Period:
- 2016-01-19
- Filing Date:
- 2016-01-21
- Accepted Time:
- 2016-01-21 17:35:25
- 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 | No | 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 | 2016-01-19 | 25,000 | $1.25 | 4,137,900 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.001 Per Share | Disposition | 2016-01-20 | 10,115 | $1.17 | 4,127,785 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- 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.
- As of 5:00 PM Eastern Time on January 20, 2016, the reporting person owns a total of 4,127,785 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) 186,000 restricted shares held by Global Beta; (c) 119,885 free-trading shares held by Global Beta in its brokerage account whose shares are sold pursuant to a Rule 10b5-1 trading plan; (d) 313,000 shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (e) 270,000 shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (f) 10,000 shares held in Ruggero Santilli's own name; (g) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (h) 96,071 shares held in the name of the reporting person; and
- Note 2 continued. (i) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable.
Billionaire Hedge Funds
