Filing Details
- Accession Number:
- 0000921895-23-001569
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-06-23 16:07:41
- Reporting Period:
- 2023-06-21
- Accepted Time:
- 2023-06-23 16:07:41
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
910267 | Titan Pharmaceuticals Inc | TTNP | Biological Products, (No Disgnostic Substances) (2836) | 943171940 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1817604 | Activist Investing Llc | 1185 Avenue Of The Americas, 3Rd Floor. New York NY 10036 | No | No | No | Yes | |
1932843 | E. David Lazar | Villa 1, 14-43Rd Street Jumeirah 2 Dubai C0 00000 | Chief Executive Officer | Yes | Yes | 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, Par Value $0.001 | Disposition | 2023-06-21 | 3,388,902 | $1.23 | 0 | No | 4 | S | Direct | |
Common Stock, Par Value $0.001 | Disposition | 2023-06-21 | 359,066 | $1.23 | 0 | No | 4 | S | Indirect | By Activist Investing LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Indirect | By Activist Investing LLC |
Footnotes
- These Shares were sold pursuant to a Share Transfer Agreement dated June 21, 2023. As consideration for the transfer, Mr. Lazar received $4,600,000.
- This Form 4 is filed jointly by Activist Investing LLC ("Activist Investing") and David E. Lazar (collectively, the "Reporting Persons").
- Each Reporting Person disclaims beneficial ownership of the securities of the Issuer reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.
- Securities of the Issuer beneficially owned directly by Activist Investing. Mr. Lazar, as the sole member and Chief Executive Officer of Activist Investing, may be deemed the beneficial owner of the securities of the Issuer beneficially owned by Activist Investing.