SEC Form 4 · accession 0001017987-19-000001
PURADYN FILTER TECHNOLOGIES INC · PFTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph V Vittoria
Officer — Executive Chairman of Board · Director · 10% Owner
Period of report
Jan 8, 2019
Accepted (ET)
Jan 10, 2019 · 3:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001019787
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 8, 2019 | G | 3,731,755 | $0.00 | D | 21,865,998 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of the common stock of Puradyn Filter Technologies Incorporated owned by the Reporting Person that were gifted for no consideration to members of his immediate family for estate planning purposes.
- F2The cost basis of the shares gifted by the reporting person ranges from $0.24 to $1.00 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the per share cost basis of the shares of common stock gifted as set forth in this footnote (1) to this Form 4.