SEC Form 4 · accession 0001368365-17-000072
REMARK HOLDINGS, INC. · MARK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kai-Shing Tao
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Dec 15, 2017
Accepted (ET)
Dec 15, 2017 · 8:36 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 | Dec 15, 2017 | A | 90,000 | $0.00 | A | 234,749 | D | |
| Common StockF2 | holding | — | — | — | 5,246,314 | I | By: Digipac, LLC | |
| Common StockF3 | holding | — | — | — | 275,000 | I | By: Pacific Star Capital Management, LP | |
| Common StockF4 | holding | — | — | — | 21,821 | I | By Pacific Star HSW LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were granted under the 2014 Incentive Plan and they vested in full on the grant date.
- F2Mr. Tao is the manager and a member of Digipac, LLC ("Digipac"). As a result, Mr. Tao may be deemed to beneficially own the securities held by Digipac. Mr. Tao disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- F3Mr. Tao is the Chief Investment Officer and sole owner of Pacific Star Capital Management, LP ("Pacific Star Capital"). As a result, Mr. Tao may be deemed to beneficially own the securities held by Pacific Star Capital.
- F4Mr. Tao is the control person of Pacific Star HSW LLC ("Pacific Star HSW"). As a result, Mr. Tao may be deemed to beneficially own the securities held by Pacific Star HSW. Mr. Tao disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.