SEC Form 4 · accession 0001127602-15-028456
Happen, Inc. · HAPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Henry Summers
Director
Period of report
Sep 30, 2015
Accepted (ET)
Oct 2, 2015 · 6:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001409970
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 30, 2015 | S | 23,421 | $13.2935 | D | 487,956 | D | |
| Common StockF3 | holding | — | — | — | 164,381 | I | By LHS 2014 Qualified Annuity Trust #3L | |
| Common StockF4 | holding | — | — | — | 65,275 | I | By LHS 2015 Qualified Annuity Trust #1L | |
| Common Stock | holding | — | — | — | 2,500 | I | By Stepdaughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 31, 2015.
- F2This transaction was executed in multiple trades during the day at prices ranging from $13.14 to $13.58. The weighted-average price is reported above. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3Shares held of record by Lawrence H. Summers, Trustee of LHS 2014 Qualified Annuity Trust #3L. On July 24, 2015, 65,275 shares were transferred to the reporting person as an annuity payment.
- F4Shares held of record by Lawrence H. Summers, Trustee of LHS 2015 Qualified Annuity Trust #1L. On September 14, 2015, the reporting person contributed 65,275 shares to LHS Qualified Annuity Trust #1L.