SEC Form 4 · accession 0001387131-17-001853
BLUE SPHERE CORP. · BLSP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elroy Amitzur
Officer — Executive Vice President
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001419582
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2,F3 | Mar 31, 2017 | A | 2,244 | — | A | 47,156 | I | By Renewable Energy Management Services |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of the Company's common stock were awarded pursuant to the Company's Global Share and Options Incentive Enhancement Plan, and vested on March 31, 2017.
- F2As disclosed on the Company's Current Report on Form 8-K filed on March 24, 2017, the Company effectuated a 1-for-130 reverse stock split (the "Split") on the Company's common stock. The Amount of Securities Beneficially Owned Following Reported Transaction in column 5 reflects the number of shares owned after taking into account the Split and the issuance of common stock.
- F3The securities acquired in Table I, Column 4 and reported in Table II, Column 9 of this report are beneficially owned by Renewable Energy Management Services, a wholly owned subsidiary of RR Water Projects Ltd., which is owned and controlled by Mr. Amitzur and his wife. Therefore, Mr. Amitzur is deemed to have indirect beneficial ownership of such securities. Securities previously reported as beneficially owned by JLS under Table II, Column 9 of this report were issued to Renewable Energy Management Services.