Home > Insider Trading > Filing (0001104659-22-064359)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
888981	Nocopi Technologies Inc	NNUP	Games, Toys & Children's Vehicles (No Dolls & Bicycles) (3944)	870406496

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1650715	Timothy Howard Eriksen	8695 Glendale Rd Custer WA 98240		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	Disposition	2022-05-23	707,886	$0.17	0	No	4	S	Direct
Common Stock	Disposition	2022-05-23	7,370,026	$0.17	1,000	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	See footnote

Footnotes

These securities were held in one or more accounts managed by Eriksen Capital Management LLC ("ECM") or affiliated entities. 6,886,642 shares were owned by Cedar Creek Partners LLC and 484,484 shares were owned in separately managed accounts. Shares were sold as part of a standstill agreement and separate purchase agreement related to withdrawal of proxy for 2022 annual meeting. These securities may be deemed to have been beneficially owned by the reporting persons because he controls ECM, and ECM may be deemed to have had a beneficial ownership of these securities because it served as the investment manager to separate managed accounts and/or investment partnerships.
For purposes of calculating disgorgement of swing trade profits pursuant to Section 16(b), securities held in accounts managed by ECM were excluded on the basis that ECM is a registered investment adviser and neither Mr. Eriksen, ECM, nor CCP had any beneficial interest. Cedar Creek Partners is issuing a check for disgorgement of $3,270.68 to Nocopi Technologies and Mr. Eriksen is issuing a check for $978.40.
The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.