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Filing Details

Accession Number:: 0001140361-18-016973
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-04-04 13:21:45
Reporting Period:: 2018-02-14

Accepted Time:: 2018-04-04 13:21:45
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
826253	Aura Systems Inc	AUSI	Miscellaneous Electrical Machinery, Equipment & Supplies (3690)	954106894

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1354114	Warren Breslow	721 N. Rexford Drive Beverly Hills CA 90210		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2018-02-28	7,447,178	$1.62	7,682,751	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Stock Warrants (right to buy)	Acquisiton	2018-02-14	900,000	$1.40	900,000	$1.40

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
900,000	2018-02-14	2023-02-14	No	4	P	Direct

Footnotes

Of the 7,682,751 shares of common stock, par value $0.0001 per share ("Common Stock"), reported on this Form 4: (a) 68,681 shares of Common Stock (the "Lancelot Shares") are held of record by Lancelot Group GP, LLC ("Lancelot") of which, Warren Breslow (the "Reporting Person") is the manager. By virtue of the Reporting Person's direct or indirect control of Lancelot, the Reporting Person may be deemed to beneficially own some or all of the Lancelot Shares but disclaims beneficial ownership of the Lancelot Shares except to the extent of the Reporting Person's pecuniary interest therein;
(b) 135,457 shares of Common Stock (the "Texas Ridge Shares") are held of record by Texas Ridge Investment Co., A California Limited Partnership ("Texas Ridge") of which, the Reporting Person is a trustee of the general partner. By virtue of the Reporting Person's direct or indirect control of Texas Ridge, the Reporting Person may be deemed to beneficially own some or all of the Texas Ridge Shares but disclaims beneficial ownership of the Texas Ridge Shares except to the extent of the Reporting Person's pecuniary interest therein; and
(c) 7,478,613 shares of Common Stock (the "Breslow Trustee Shares") are held of record by the Reporting Person as Trustee of The Survivor's Trust Under the Warren L. Breslow Trust (the "Breslow Trust"). By virtue of the Reporting Person's control of the Breslow Trust, the Reporting Person may be deemed to beneficially own some or all of the Breslow Trust Shares but disclaims beneficial ownership of the Breslow Trustee Shares except to the extent of the Reporting Person's pecuniary interest therein.
The Breslow Trust was issued warrants to acquire these shares of Common Stock.