SEC Form 4 · accession 0001249155-18-000044
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Aug 9, 2018
Accepted (ET)
Aug 9, 2018 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534708
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 9, 2018 | X | 60,726 | $5.40 | A | 723,611 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase Warrant (right to buy)F2,F1 | $5.40 | Aug 9, 2018 | X | 60,726 | D | Aug 10, 2017 | Aug 10, 2022 | Common Stock | 60,726 | 0 | D |
Explanation of responses
- F1Glenbrook Capital, LP ("GBLP") is the direct beneficial owner of the securities. However, the shares in Table I and the warrants in Table II may be deemed to be indirectly beneficially owned by Glenbrook Capital Management ("GCM"), the general partner of GBLP. GCM disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. This report shall not be deemed to be an admission that GCM is the beneficial owner of the securities described herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F2The warrants were issued as a component of units sold in the issuer's public offering, each unit consisting of one share of common stock and one common stock purchase warrant, at a per unit price of $4.50.