SEC Form 4 · accession 0001083763-15-000107

WALKER INNOVATION INC. · WLKR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Chairman · Director · 10% Owner

Period of report

Aug 28, 2015

Accepted (ET)

Sep 1, 2015 · 10:30 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001294649

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Aug 28, 2015	P	3,520	$0.40	A	241,547	D
Common Stock^F4,F5	Aug 31, 2015	P	3,360	$0.4999	A	244,907	D
Common Stock^F2	holding	—	—		—	2,358,500	I	Walker Digital, LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Convertible Preferred Stock^F2,F3	—	holding	—	—	—	—	—	Common Stock	14,999,000	14,999,000	I

F1The purchase of the shares of Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 19, 2015.
F2The Reporting Person is the sole member of JSW Investments, LLC, which is the managing member of Walker Digital, LLC; therefore the reporting person may be deemed to indirectly beneficially own the Issuer shares owned by Walker Digital, LLC.
F3Each share of Series B Convertible Preferred Stock is convertible, at the option of the reporting person, at any time and from time to time, into one (1) share of Issuer's Common Stock.
F4The number of securities reported represents an aggregate number of shares purchased in multiple open market transactions over a range of purchase prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares purchased by the Reporting Person at each separate price within the range.
F5Purchase prices range from $0.4999 to $0.50 per share, inclusive.