SEC Form 4 · accession 0001617819-15-000096
BRIGHTLANE CORP. · BTLN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Odell Barnes Jr.
Director · 10% Owner
Period of report
Dec 21, 2015
Accepted (ET)
Dec 23, 2015 · 1:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001425289
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 21, 2015 | J | 2,133,618 | — | A | 2,133,618 | I | Trust, reference footnote 2 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person received beneficial ownership of 2,133,618 common shares in exchange for 100,000 Brightlane Homes, Inc. common shares transfered by the James Odell Barnes, Jr. Irrevocable Trust pursuant to a share exchange agreement entered into on December 11, 2015. This transaction was completed on December 21, 2015.
- F2James Odell Barnes, Jr. is a beneficial owner of the James Odell Barnes, Jr. Irrevocable Trust.