SEC Form 3 · accession 0001382963-15-000006

GYROTRON TECHNOLOGY INC · GYTI.PK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

10% Owner

10% Owner

Period of report

Dec 14, 2014

Accepted (ET)

Mar 4, 2015 · 4:22 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001369795

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	holding	—	—		—	3,980,151	I	by Gabriel Capital, L.P.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series A Preferred Stock^F3,F2	$1.60	holding	—	—	—	—	—	Common Stock	109,376	—	I
Series B Preferred Stock^F1,F2	$0.85	holding	—	—	—	—	—	Common Stock	665,310	—	I
Series B-1 Preferred Stock^F1,F2	$0.70	holding	—	—	—	—	—	Common Stock	1,387,350	—	I
Warrants^F1,F4	$1.00	holding	—	—	—	—	—	Common Stock	1,671,188	—	I

F1These shares are owned directly by Gabriel Capital, L.P., a ten percent owner of the issuer, and indirectly by Bart M. Schwartz, as the court-appointed receiver for the estate of Gabriel Capital, L.P. The reporting persons disclaim beneficial ownership of these securities except to the extent of any pecuniary interest therein.
F2These shares of preferred stock may be converted at any time and there is no expiration date.
F3These shares are owned directly by Ariel Fund Limited and indirectly by Bart M. Schwartz, as the court-appointed receiver for the estate of Ariel Fund Limited. Mr. Schwartz disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F4These warrants may be converted at any time and there is no expiration date.