SEC Form 4 · accession 0001144204-17-030701
PROGRESSIVE GREEN SOLUTIONS, INC. · PGSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene Fernandez
Officer — VP of Business Development · Director · 10% Owner
Period of report
May 25, 2017
Accepted (ET)
Jun 1, 2017 · 7:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001537511
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1,F2,F3,F4,F5 | May 25, 2017 | P | 912,440 | $0.003 | A | 10,354,738 | I | See Footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transaction represents a private purchase of 912,440 shares of common stock of Progressive Green Solutions, Inc. (the "Common Stock") by DGS Holdings LLC.
- F2The Reporting Person has an indirect beneficial ownership interest in 4,811,820 shares of Common Stock, which are directly beneficially owned by SDG Group Holdings, LLC, over which the Reporting Person holds voting and dispositive control.
- F3The Reporting Person has an indirect beneficial ownership interest in 1,979,930 shares of Common Stock, which are directly beneficially owned by Thunnus Thynnus Consulting LLC, over which the Reporting Person holds voting and dispositive control.
- F4The Reporting Person has an indirect beneficial ownership interest in 99,488 shares of Common Stock, which are directly beneficially owned by FLS3 Inc., over which the Reporting Person holds voting and dispositive control.
- F5The Reporting Person has an indirect beneficial ownership interest in 912,440 shares of Common Stock, which are directly beneficially owned by DGS Holdings LLC, over which the Reporting Person holds voting and dispositive control.
Remarks
The Reporting Person identified in this statement disclaims beneficial ownership of the securities described in this statement, except to the extent of their individual respective pecuniary interest in such securities. The filing of this statement shall not be deemed an admission that the Reporting Person identified in this statement is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities specified in this statement other than those directly beneficially owned by them.