SEC Form 4 · accession 0001144204-18-057690
BASANITE, INC. · BASA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Joseph LoRicco Sr.
Director · 10% Owner
Period of report
Sep 27, 2018
Accepted (ET)
Nov 6, 2018 · 6:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448705
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 27, 2018 | P | 666,666 | $0.075 | A | 1,066,666 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Ronald LoRicco Sr.'s brother, Richard LoRicco Jr., is the manager of RJC3, LLC ("RJC3"), which directly holds 1,066,666 shares of Common Stock of the Issuer. Richard LoRicco Sr. is neither the manager nor a member of RJC3. Ronald LoRicco Sr. disclaims beneficial ownership of all of the securities that are beneficially owned by RJC3, except to the extent, if any, of his pecuniary interest therein.