SEC Form 4 · accession 0001078782-17-001422
NORTHSIGHT CAPITAL, INC. · NCAP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Period of report
Oct 16, 2017
Accepted (ET)
Oct 18, 2017 · 1:27 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 | holding | — | — | — | 27,250,020 | 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 Puchase WarrantF3 | $0.05 | Oct 16, 2017 | H | 2,000,000 | A | — | Dec 10, 2017 | Common Stock | 2,000,000 | 0 | D |
| Common Stock Purchase Warrant | $0.25 | Oct 16, 2017 | H | 714,285 | A | Oct 27, 2015 | Oct 27, 2017 | Common Stock | 714,285 | 0 | D |
| Common Stock Purchase WarrantF1 | $0.10 | Oct 16, 2017 | J | 1,130,285 | A | Oct 16, 2017 | Oct 16, 2020 | Common Stock | 1,130,285 | 1,130,285 | D |
| Common Stock Purchase WarrantF1 | $0.05 | Oct 16, 2017 | J | 9,000,000 | A | Oct 16, 2017 | Oct 16, 2020 | Common Stock | 9,000,000 | 9,000,000 | D |
Explanation of responses
- F1John 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, which is controlled by Mr. Lemak.
- F2These 2 million warrants were cancelled and warrants for the same number of shares at the same exercise price were issued to replace them. Said new warrants are included in the 9 million warrants acquired on the same date and reported herein. See Note 6 below.
- F3This warrant (which has been cancelled) was exercisable upon 75 days written notice to the issuer.
- F4These 714,285 warrants were cancelled and warrants for the same number of shares at an exercise price of $.10 were issued to replace them. Said new warrants are included in the 1,130,285 warrants acquired on the same date and reported herein. See Note 5 below.
- F5714,285 of these warrants were issued to replace a like number of warrants having an exercise price of $.25 that were cancelled on the same date and reported herein. The issuer issued the remaining 416,000 warrants in recognition of the reporting person having previously provided advances to the company.
- F62 million of these 9 million warrants were issued to replace a like number of warrants at the same exercise price that were cancelled on the same date and reported herein. The issuer issued the remaining 7 million warrants in recognition of the reporting person having previously provided advances to the company.