SEC Form 5 · accession 0001179110-18-005486
GWG Holdings, Inc. · GWGH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Sabes
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 31, 2017
Accepted (ET)
Apr 9, 2018 · 11:36 am EDT
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 11, 2017 | G | 30,000 | $0.00 | D | 1,228,319 | D | |
| Common Stock, $.001 par valueF1 | holding | — | — | — | 743,842 | 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, $.01 par valueF2 | holding | — | — | — | 100,000 | I | By Insurance Strategies Fund, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Held by certain trusts, of which the Reporting Person is a beneficiary.
- F2A 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.
Remarks
Power of Attorney filed on 9/19/2014.