SEC Form 4 · accession 0001144204-16-130663
Li3 Energy, Inc. · LIEG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David George Wahl
Director
Period of report
Oct 27, 2016
Accepted (ET)
Oct 31, 2016 · 8:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334699
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 27, 2016 | A | 485,509 | $0.00 | A | 4,070,299 | I | By Wahl Investments Inc. |
| Common StockF3 | holding | — | — | — | 530,750 | I | By Southampton Associates Inc. | |
| Common Stock | holding | — | — | — | 44,776 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Board of Directors of the Registrant approved the issuance of shares to the Reporting Person in lieu of director fees.
- F2The Reporting Person is the Principal of Wahl Investments Inc. ("Wahl Investments") and may be deemed to beneficially own the securities held by Wahl Investments.
- F3The Reporting Person is the Principal of Southampton Associates Inc. ("Southampton Associates") and may be deemed to beneficially own the securities held by Southampton Associates.