SEC Form 4 · accession 0001140361-15-010797
Flux Power Holdings, Inc. · FLUX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Lee Anthony
Director · 10% Owner
Period of report
Feb 18, 2015
Accepted (ET)
Mar 6, 2015 · 5:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001083743
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2015 | J | 3,000,000 | $0.025 | D | 8,818,816 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 6, 2014, Christopher Anthony borrowed $75,000 ("Loan") from a non-affiliated lender (the "Lender") for the purpose of paying off personal obligations. The Loan matured on January 31, 2015. As collateral for the Loan, Mr. Anthony pledged to the Lender 3,000,000 shares of Common Stock ("Pledge Shares"). The pledge provides that if Mr. Anthony defaults on the Loan, the lender may sell the Pledged Shares in a public or private sale or other proceedings, and allows the Lender to transfer the Pledged Shares to the Lender's name or the name of its nominee. On February 1, 2015, Mr. Anthony defaulted on the Loan. On February 18, 2015, the Lender proceeded to transfer the Pledged Shares to its name, which constitutes a sale of the Pledged Shares.