Filing Details

Accession Number:
0001493152-16-010450
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-31 21:57:35
Reporting Period:
2016-05-25
Filing Date:
2016-05-31
Accepted Time:
2016-05-31 21:57:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1001601 Mgt Capital Investments Inc MGT Patent Owners & Lessors (6794) 133758042
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1266152 Robert Ladd C/O Mgt Capital Investments, Inc.
500 Mamaroneck Avenue, Suite 320
Harrison NY 10528
President, Ceo, Interim Cfo Yes Yes 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 Disposition 2016-05-25 465,171 $0.00 157,300 No 4 J Indirect REF
Common Stock Disposition 2016-05-25 157,300 $2.44 0 No 4 S Indirect REF
Common Stock Acquisiton 2016-05-26 300,000 $0.00 573,603 No 4 A Direct
Common Stock Disposition 2016-05-31 33,603 $2.53 540,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect REF
No 4 S Indirect REF
No 4 A Direct
No 4 S Direct
Footnotes
  1. Laddcap Value made a pro rata distribution for no consideration of an aggregate of 465,171 shares of Common Stock of the Issuer to its limited partners on May 25, 2016.
  2. Indirectly owned by Laddcap Value Partners III LLC ("Laddcap Value"). Mr. Ladd serves as Managing Member of Laddcap Value. Mr. Ladd, by virtue of his status as Managing Member of Laddcap Value may be deemed to beneficially own the securities held by Laddcap Value. Mr. Ladd hereby disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  3. The securities were acquired through a grant pursuant to MGT's Amended and Restated 2012 Stock Incentive Plan. The restricted stock vests over 24 months with 33% vesting on each of June 1, 2017, December 1, 2017 and June 1, 2018.