SEC Form 4 · accession 0001144204-15-019260
TARONIS TECHNOLOGIES, INC. · MNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carla Santilli
Director · 10% Owner
Period of report
Jan 12, 2015
Accepted (ET)
Mar 30, 2015 · 1:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001353487
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.001 per shareF1,F2,F3,F4 | Jan 12, 2015 | S | 68,414 | $0.707 | D | 5,327,379 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 13, 2015 | S | 87,500 | $0.767 | D | 5,239,879 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 14, 2015 | S | 25,000 | $0.96 | D | 5,214,879 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 23, 2015 | S | 22,361 | $0.631 | D | 5,192,518 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 26, 2015 | S | 10,000 | $0.64 | D | 5,182,518 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 27, 2015 | S | 21,500 | $0.63 | D | 5,160,018 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 28, 2015 | S | 4,550 | $0.648 | D | 5,156,468 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Jan 30, 2015 | S | 10,000 | $0.64 | D | 5,146,468 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Feb 2, 2015 | S | 10,000 | $0.65 | D | 5,136,468 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Feb 5, 2015 | S | 14,450 | $0.70 | D | 5,122,018 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Feb 6, 2015 | S | 7,181 | $0.71 | D | 5,114,837 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Feb 9, 2015 | S | 22,319 | $0.70 | D | 5,092,518 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Mar 19, 2015 | S | 1,229 | $0.807 | D | 5,091,289 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Mar 20, 2015 | S | 10,000 | $0.81 | D | 5,081,289 | D | |
| Common stock, par value $0.001 per shareF5 | Mar 20, 2015 | A | 27,894 | $0.717 | A | 5,109,183 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Mar 23, 2015 | S | 10,000 | $0.861 | D | 5,099,183 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Mar 24, 2015 | S | 10,000 | $0.831 | D | 5,089,183 | D | |
| Common stock, par value $0.001 per shareF3,F4 | Mar 25, 2015 | S | 10,000 | $0.82 | D | 5,079,183 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person is hereby disclosing a delinquent Form 4. As of December 31, 2014, the reporting person owned a total of 5,395,793 shares that included: (a) 2,307,829 shares held by Global Alpha, LLC, a privately owned company which is 50% owned by each of the reporting person and the reporting person's spouse, Ruggero Santilli; (b) 1,626,000 shares held by Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli; (c) 313,000 shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (d) 270,000 shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (Continued Note 2)
- F2(e) 10,000 shares held in Ruggero Santilli's own name; (f) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (f) 43,964 shares held in the name of the reporting person; and (g) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable. This Form 4 does not disclose the transactions in the common stock of the Issuer in which the reporting person engaged from August 23, 2012, the date on which the reporting person filed her last Form 4, through December 31, 2014.
- F3Global Beta sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan.
- F4The prices reported in Column 4 for the sales on January 12, January 13, January 14, January 23, January 26, January 27, January 28, January 30, February 2, February 5, February 6, February 9, March 19, March 20, March 23, March 24, and March 25 are weighted average sales prices. These shares were sold pursuant to the 10b5-1 trading plan in multiple transactions at prices ranging from $0.630 to $0.960, inclusive for the trades executed on those dates in January, February, and March. 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 in this footnote.
- F5Acquired in the reporting person's own name pursuant to an award under the MagneGas Corporation 2014 Equity Incentive Award Plan for her services rendered as a member of the Board of Directors for the period of November 16, 2014 through February 15, 2015.