SEC Form 4 · accession 0001144204-16-127762
Great Basin Scientific, Inc. · GBSN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Oct 6, 2016
Accepted (ET)
Oct 11, 2016 · 9:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001512138
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1,F2,F4 | Oct 6, 2016 | P | 19,515 | $0.30 | A | 755,701 | I | See Footnote |
| Common stockF1,F3,F4 | Oct 6, 2016 | S | 20,815 | $0.30 | D | 734,886 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This security is owned by Citadel Securities LLC.
- F2This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $0.300 to $0.303 per share. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F3This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $0.300 to $0.303 per share. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4CALC III LP ("CALC3") is the non-member manager of Citadel Securities. Citadel GP LLC ("CGP") is the general partner of CALC3. Mr. Griffin is the President and Chief Executive Officer of, and owns a controlling interest in, CGP.
Remarks
Each of the Reporting Persons expressly disclaims beneficial ownership of the securities described herein except to the extent of such person's pecuniary interest therein. The Reporting Persons intend to reimburse the issuer for the short swing profits with respect to the trades reported herein in accordance with Section 16 of the Securities and Exchange Act of 1934.