Filing Details

Accession Number:
0000807249-23-000129
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-10-10 17:34:57
Reporting Period:
2023-10-10
Accepted Time:
2023-10-10 17:34:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1957783 Machten Inc. MACT Telephone Communications (No Radiotelephone) (4813) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1088771 Lict Corp 401 Theodore Fremd Ave
Rye NY 10580
No No No No
1185533 J Mario Gabelli
191 Mason Street
Greenwich CT 06830
No No No No
1238894 Ggcp, Inc. 189 Mason Street
Greenwich CT 06830
No No No No
1493460 Ggcp Holdings Llc 189 Mason Street
Greenwich CT 06830
No No 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 Acquisiton 2023-10-09 183 $5.75 226,533 No 4 P Direct
Common Stock Acquisiton 2023-10-10 467 $5.75 227,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 735,750 Direct
Common Stock 605,980 Direct
Footnotes
  1. Mr. Gabelli may be deemed to beneficially own shares of common stock of LICT owned by GGCP, Inc. ("GGCP") via GGCP Holdings, LLC ("Holdings"). As a result of the Distribution of MACT shares, Mr. Gabelli obtained indirect beneficial ownership over 226,350 shares of the Issuer's common stock held by GGCP via Holdings on the Distribution Date. Mr. Gabelli may be deemed to have beneficial ownership of the shares to be held by Holdings on the basis of (i) his position as the Chief Executive Officer, a director and the controlling shareholder of GGCP, which is the manager and the majority member of Holdings, and (ii) a certain profit interest in Holdings. Mr. Gabelli disclaims beneficial ownership of the shares to be owned by Holdings except to the extent of his pecuniary interest therein.
  2. Mario J. Gabelli owns shares of common stock of LICT directly and through a trust over which he has sole voting and dispositive power over the shares held therein. As a result of the Distribution of MACT shares, Mr. Gabelli obtained direct beneficial ownership over 735,750 shares of the Issuer's common stock on the Distribution Date.
  3. Shares owned directly by LICT. Mr. Gabelli, GGCP, and Holdings may be deemed a "group" with LICT for purposes of Section 13D of the Exchange Act.