SEC Form 4 · accession 0001437749-16-026232
Stablecoin Development Corp · SDEV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark M Sieczkarek
Director
Period of report
Feb 25, 2016
Accepted (ET)
Feb 26, 2016 · 9:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001389545
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3,F1 | Feb 25, 2016 | A | 125,387 | $1.91 | A | 133,246 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1share ownership reflects the 25:1 reverse split effectuated by the company in December 2015
- F2Share acquisition pursuant to a securities purchase agreement, which is one of three securities purchase agreements that the company entered into for the sale of an aggregate of 1,518,567 shares of the Company's common stock to accredited investors.
- F3Price is equivalent to the closing price of one share of NovaBay common stock on the day the securities purchase agreement was signed, February 16, 2016.