SEC Form 4 · accession 0001610868-15-000002
Preferred Restaurant Brands, Inc. · PRBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
KCI HOLDING 1, LLC
10% Owner
Period of report
Apr 9, 2014
Accepted (ET)
Apr 9, 2015 · 1:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001497074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 9, 2015 | J | 39,373,764 | $0.01 | D | 1,440,612 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction is not the sale of stock. It is the transfer of the shares noted to the Unit Holders of KCI Holding I, LLC ("Holding") pro rata to their respective ownership interests in Holding. Such transfers include: (1) a recent transfer to a nonaffiliated/nonofficer/nondirector Unit Holder of Holdings and (2) two recent transfers to the Kenneth And Sheila Antos Living Trust u/a/d 4/26/2007 (the "Trust"). Kenneth Antos is the co-Trustee of the Trust and also the co-Manager and thus the "Beneficial Owner" of Holding's current DIXI shares. Thus, these transfers had no bearing on Antos' reported beneficial ownership. As this does not amount to a sale, there is no price per share