SEC Form 4 · accession 0001437749-17-015220
root9B Holdings, Inc. · RTNB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owners
Quad Capital Management Advisors LLC
10% Owner
Guerino Ciampi
10% Owner
John Guarino
10% Owner
Period of report
Aug 22, 2017
Accepted (ET)
Aug 23, 2017 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001272550
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| root9B Holdings Inc.F1 | Aug 22, 2017 | S | 253,697 | $3.13 | D | 693,825 | I | By corporation |
| root9B Holdings Inc.F2 | Aug 23, 2017 | S | 125,000 | $2.26 | D | 568,825 | I | By corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.85 to $3.18. 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 number of shares sold at each separate price within the ranges set forth previously in this footnote.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.15 to $2.45. 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 number of shares sold at each separate price within the ranges set forth previously in this footnote.
Remarks
As of the date of this joint filing, Quad Capital Management Advisors owns 227,838 shares and 119,886 exercisable warrants, Mr. Guarino owns 18,478 shares and 4,545 exercisable warrants, and Mr. Ciampi owns 97,888 shares and 10,606 exercisable warrants. For that reason, Quad Capital Management Advisors may be deemed to beneficially own 568,825 Shares comprised of the shares and exercisable warrants owned jointly by the Corporation and Mssrs. Guarino and Ciampi.