SEC Form 4 · accession 0001179110-16-017127

GWG Holdings, Inc. · GWGH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Dec 28, 2015

Accepted (ET)

Jan 5, 2016 · 5:27 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001522690

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, $.001 par value	Dec 28, 2015	G	31,000	$0.00	D	1,046,276	D
Common Stock, $.001 par value^F1	holding	—	—		—	489,086	I	By Opportunity Finance, LLC
Common Stock, $.001 par value^F2	holding	—	—		—	743,840	I	By Trusts
Common Stock, $.001 par value	holding	—	—		—	102,191	I	By family members who reside in the Reporting Person's household
Common Stock, $.001 par value^F3	holding	—	—		—	100,000	I	By Insurance Strategies Fund, LLC

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (right to buy)^F4	$8.55	Dec 29, 2015	A	5,000	A	—	Dec 29, 2025	Common Stock, $.001 par value	5,000	5,000	D

F1A Minnesota limited liability company, of which the Reporting Person is a manager and member.
F2Held by certain trusts, of which the Reporting Person is a beneficiary.
F3A Delaware limited liability company managed by ISF Management, LLC, a Delaware limited liability company, of which the Reporting Person is a manager. The Reporting Person disclaims beneficial ownership of the shares held by Insurance Strategies Fund, LLC, except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for the purposes of Section 16 or for any other purpose.
F41,667 shares vest on each of 12/29/2016 and 12/29/2017; 1,666 shares vest on 12/29/2018.

Exhibit 24.1 Power of Attorney previously filed and incorporated herein by reference to Form 3 filed on 9/19/2014.