SEC Form 4/A · accession 0000921895-15-000478
REMARK HOLDINGS, INC. · MARK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kai-Shing Tao
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Nov 21, 2014
Accepted (ET)
Feb 18, 2015 · 8:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368365
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 21, 2014 | F | 30,782 | $4.97 | D | 156,127 | D | |
| Common StockF2 | holding | — | — | — | 3,556,672 | I | By Digipac, LLC | |
| Common StockF3 | holding | — | — | — | 21,821 | I | By Pacific Star HSW LLC | |
| Common StockF4 | holding | — | — | — | 275,000 | I | By Pacific Star Capital Management LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were withheld to pay federal and state tax withholding obligations resulting from the vesting of restricted stock on November 21, 2014. The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes. This transaction was omitted from the reporting person's original Form 4.
- F2Mr. Tao is the manager and a member of Digipac, LLC. As a result, Mr. Tao may be deemed to beneficially own the securities held by Digipac, LLC. Mr. Tao disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- F3Mr. Tao controls Pacific Star HSW LLC. As a result, Mr. Tao may be deemed to beneficially own the securities held by Pacific Star HSW LLC. Mr. Tao disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- F4Mr. Tao is the owner of Pacific Star Capital Management LP. As a result, Mr. Tao may be deemed to beneficially own the securities held by Pacific Star Capital Management LP.