SEC Form 4 · accession 0001144204-16-120070
TARONIS TECHNOLOGIES, INC. · MNGA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carla Santilli
Director
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 7:48 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 | Aug 15, 2016 | S | 85,131 | $0.6328 | D | 3,668,426 | D | |
| Common stock, par value $0.001 per share | Aug 16, 2016 | S | 20,100 | $0.6058 | D | 3,648,326 | D | |
| Common stock, par value $0.001 per shareF2 | Aug 17, 2016 | S | 20,000 | $0.5981 | D | 3,628,326 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli (the reporting person's spouse) sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan.
- F2As of 5:00 PM Eastern Time on August 17, 2016, the reporting person owns a total of 3,628,326 shares: (a) 1,636,719 restricted shares held by Global Alpha; (b) 417,110 restricted shares held by Global Beta; (c) 60,426 free-trading shares held by Global Beta in its brokerage account whose shares are sold pursuant to a Rule 10b5-1 trading plan; (d) 313,000 restricted shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (e) 270,000 restricted shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (f) 10,000 restricted shares held in Ruggero Santilli's own name; (g) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (h) 96,071 shares (76,320 free-trading and 19,751 restricted) held in the name of the reporting person; and (i) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable.