Home > Insider Trading > Filing (0001144204-16-093551)

Filing Details

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
Common Stock, Par Value $0.001 Per Share	Disposition	2016-04-06	10,000	$1.03	3,997,900	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-04-06	10,000	$1.04	3,987,900	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-04-06	100	$1.05	3,987,800	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-04-07	10,000	$1.03	3,977,800	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-04-07	10,000	$1.04	3,967,800	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2016-04-08	17,660	$1.03	3,950,140	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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

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.
On February 26, 2016, 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, transferred 671,110 restricted shares to Global Beta for no consideration.
As of 5:00 PM Eastern Time on April 8, 2016, the reporting person owns a total of 3,950,140 shares: (a) 1,636,719 restricted shares held by Global Alpha; (b) 417,110 restricted shares held by Global Beta; (c) 382,240 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 restricted shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (e) 270,000 restricted shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (f) 10,000 restricted 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 (76,320 free-trading and 19,751 restricted) held in the name of the reporting person; and (i) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable.