SEC Form 4 · accession 0001011034-16-000158
US Highland, Inc. · UHLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Gibbs
10% Owner
Period of report
Jan 12, 2016
Accepted (ET)
Apr 28, 2016 · 6:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001381871
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 12, 2016 | S | 19,800 | $0.20 | D | 9,380,020 | D | |
| Common Stock | Jan 13, 2016 | S | 69,700 | $0.196 | D | 9,310,500 | D | |
| Common Stock | Jan 14, 2016 | S | 81,400 | $0.202 | D | 9,229,100 | D | |
| Common Stock | Jan 15, 2016 | S | 73,900 | $0.184 | D | 9,155,200 | D | |
| Common Stock | Jan 21, 2016 | S | 145,300 | $0.197 | D | 9,009,900 | D | |
| Common Stock | Jan 22, 2016 | S | 64,991 | $0.198 | D | 8,944,909 | D | |
| Common Stock | Jan 26, 2016 | S | 19,800 | $0.192 | D | 8,925,109 | D | |
| Common Stock | Jan 27, 2016 | S | 106,009 | $0.176 | D | 8,819,100 | D | |
| Common Stock | holding | — | — | — | 9,400,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible NoteF1,F2 | $0.01 | Jul 25, 2013 | A | 50,000,000 | A | Jul 25, 2013 | Dec 31, 2016 | Common Stock | 50,000,000 | 50,000,000 | I |
Explanation of responses
- F1Shares issuable upon conversion of the Convertible Note are subject to a 4.99% blocker based upon the aggregate amount of Issuer's shares outstanding on the date of conversion.
- F2Reporting Person is President and Owner.