SEC Form 4 · accession 0001078782-15-001611
NORTHSIGHT CAPITAL, INC. · NCAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Sep 18, 2015
Accepted (ET)
Oct 9, 2015 · 1:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001439397
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Sep 18, 2015 | P$0 | 2,500,000 | — | A | 9,867,200 | D | |
| Common StockF2 | Sep 24, 2015 | P | 93,800 | $0.07 | A | 9,961,000 | D | |
| Common StockF2 | Sep 29, 2015 | P | 416,000 | $0.06 | A | 10,377,000 | D | |
| Common StockF2 | Sep 29, 2015 | P | 3,340,000 | $0.015 | A | 13,717,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase WarrantF3,F2 | $0.25 | Sep 29, 2015 | P | 416,000 | A | Sep 29, 2015 | Sep 30, 2017 | Common Stock | 416,000 | 5,416,000 | D |
| Common Stock Purchase WarrantF5,F2,F4 | $0.05 | Oct 3, 2015 | P | 2,000,000 | A | — | Oct 4, 2017 | Common Stock | 2,000,000 | 7,416,000 | D |
Explanation of responses
- F1These shares were transferred to the reporting person in consideration of prior investments made into the issuer.
- F2John Lemak, who is jointly filing this Form 4, beneficially owns indirectly his proportionate interest in the securities beneficially owned by the designated filing person, Sandor Capital Master Fund, LLP.
- F3These derivative securities were acquired along with the 416,000 reported in Table I above. The aggregate purchase price for the shares of common stock and the warrants (the unit) was $25,000.
- F4This warrant is exercisable upon 75 days written notice to the issuer.
- F5The Issuer issued this Warrant in consideration of a loan extension granted by the reporting person.