SEC Form 4 · accession 0001249155-18-000078
Beeline Holdings, Inc. · BLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Dec 12, 2018
Accepted (ET)
Dec 14, 2018 · 4:35 pm EST
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,F2 | Dec 12, 2018 | P | 8,654 | $6.11 | A | 681,724 | D | |
| Common StockF3,F2 | Dec 13, 2018 | P | 1,800 | $6.0661 | A | 683,524 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $6.00 to $6.16. The price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request of the Securities and Exchange Commission staff (the "SEC Staff"), the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price for all of the purchases made on December 12, 2018.
- F2Glenbrook Capital, LP ("GBLP") is the direct beneficial owner of the shares of common stock. However, these shares 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 an admission that GCM is the beneficial owner of the shares described herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3This transaction was executed in multiple trades at prices ranging from $5.82 to $6.20. The price reported reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request of the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price for all of purchases made on December 13, 2018.
Remarks
The reporting person is not an officer or director, nor, as of the date of this Form 4, a 10% shareholder, and as such, is voluntarily filing this Form 4.