Filing Details
- Accession Number:
- 0001094891-16-000459
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-04-06 16:11:34
- Reporting Period:
- 2015-06-30
- Filing Date:
- 2016-04-06
- Accepted Time:
- 2016-04-06 16:11:34
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1629261 | Long Island Iced Tea Corp. | LTEA | Beverages (2080) | 472624098 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1644397 | Ltd Castle Ivory | Suite 5501, 55Th Floor Central Plaza, 18 Harbour Road Wanchai K3 | No | No | Yes | No | |
1644497 | Trust Bay Heron | Suite 5501, 55Th Floor Central Plaza, 18 Harbour Road Wanchai K3 | No | 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 | Acquisiton | 2015-06-30 | 100,872 | $4.00 | 907,243 | No | 4 | P | Indirect | By Ivory Castle Limited |
Common Stock | Acquisiton | 2015-09-30 | 22,500 | $0.00 | 929,743 | No | 4 | P | Indirect | By Ivory Castle Limited |
Common Stock | Disposition | 2016-01-20 | 65,000 | $6.50 | 0 | No | 4 | S | Indirect | By Gallo Holdings Limited |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Ivory Castle Limited |
No | 4 | P | Indirect | By Ivory Castle Limited |
No | 4 | S | Indirect | By Gallo Holdings Limited |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrants (Right to Buy) | Acquisiton | 2015-09-30 | 22,500 | $0.00 | 22,500 | $6.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
22,500 | 2015-09-17 | 2018-09-17 | No | 4 | P | Indirect |
Footnotes
- The reporting person purchased 22,500 units from the issuer, each unit consisting of one share of the issuer's common stock and one warrant, at a price of $4.00 per unit. Each warrant entitles the holder to purchase one share of the issuer's common stock at an exercise price of $6.00 per share, subject to adjustment. The units separated immediately upon issuance. The common stock and warrants were issued separately and may be traded separately.
- The reporting person's sale of the issuer's common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, (i) to the extent of 22,500 shares, with the reporting person's purchase of 22,500 shares included in units acquired from the issuer at a price of $4.00 per unit on September 30, 2015, and (ii) to the extent of 22,500 shares, with the reportig person's purchase of 22,500 warrants included in such units. The reporting person is paying to the issuer $56,250, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.