SEC Form 4 · accession 0001209191-15-075561
SANUWAVE Health, Inc. · SNWV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin A Richardson II
Director · 10% Owner
Period of report
Sep 2, 2015
Accepted (ET)
Oct 15, 2015 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001417663
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par valueF2 | Sep 2, 2015 | J | 3,276,618 | $0.00 | D | 5,805,371 | I | See Footnote |
| Common Stock, $0.001 par valueF3,F4 | holding | — | — | — | 157,500 | I | See Footnote | |
| Common Stock, $0.001 par valueF3,F5 | holding | — | — | — | 157,500 | I | See Footnote | |
| Common Stock, $0.001 par value | holding | — | — | — | 1,583,316 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Distribution of shares of Common Stock on a pro rata basis for no consideration to its limited partners.
- F2These securities are owned directly by Prides Capital Fund I, L.P. Prides Capital Partners LLC is a general partner of Prides Capital Fund I, L.P. and Mr. Richardson is the controlling shareholder of Prides Capital Partners LLC; therefore, he may be deemed to be the beneficial owner of such securities. Mr. Richardson has also been deputized by Prides Capital Partners LLC to serve on the board of directors of the issuer. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), Mr. Richardson may be deemed to be the beneficial owner of an indeterminate portion of the securities of SANUWAVE Health, Inc. beneficially owned by Prides Capital Fund I, L.P. Mr. Richardson disclaims beneficial ownership of all such securities except to the extent of any indirect pecuniary interest (within the meaning of Rule 16a-1 of the Exchange Act) therein. This Form 4 shall not be deemed an admission that Mr. Richardson is a beneficial owner.
- F3Change from direct to indirect ownership of shares previously reported as beneficially owned by the reporting person.
- F4These securities are owned directly by the Zachary G. Richardson UTMA. Mr. Kevin Richardson is a joint holder and the trustee for the plan.
- F5These securities are owned directly by the Eleanor G. Richardson UTMA. Mr. Kevin Richardson is a joint holder and the trustee for the plan.