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
- 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.
- 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.
- 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.