SEC Form 4 · accession 0001144204-15-058981
MGT CAPITAL INVESTMENTS, INC. · MGTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Ladd
Officer — President and CEO · Director
Period of report
Oct 7, 2015
Accepted (ET)
Oct 9, 2015 · 7:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001601
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 7, 2015 | A | 200,000 | — | A | 373,603 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were provided as partial compensation for the Mr. Ladd's services as President and Chief Executive Officer of the Company, in accordance with an Amended and Restated Executive Employment Agreement.
- F2Does not include 622,471 shares 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, and this report shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.