SEC Form 4 · accession 0001006837-16-000053
INNOVATE Corp. · VATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Falcone
Officer — CEO, Chairman and President · Director
Period of report
Mar 12, 2016
Accepted (ET)
Jul 11, 2016 · 7:14 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 12, 2016 | F | 129,951 | $3.87 | D | 1,293,627 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is being filed to report the withholding of shares on March 12, 2016 to satisfy taxes payable in connection with the vesting of a previously awarded restricted stock award. Reporting Person inadvertently failed to file a Form 4 upon vesting of the restricted stock award and withholding of shares.
- F2Shares withheld by Issuer to satisfy taxes payable in connection with the vesting of previously awarded restricted stock award.