SEC Form 4 · accession 0001140361-15-005614
Notis Global, Inc. · NGBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Bedrick
10% Owner
Period of report
Feb 9, 2015
Accepted (ET)
Feb 11, 2015 · 6:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001547996
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2015 | S | 50,000 | $2.1896 | D | 3,515,417 | D | |
| Common StockF2 | Feb 10, 2015 | S | 125,000 | $1.8755 | D | 3,390,417 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The involuntary sales of Common Stock were effected by a financial institution pursuant to a margin call created when the issuer's stock trades below certain price levels. The reported price of 2.1896 is a weighted average price pursuant to multiple transactions at prices ranging from $1.92 to $2.88. For all transactions reported on this Form 4 utilizing a weighted average sale price, the reporting person will provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each price.
- F2The involuntary sales of Common Stock were effected by a financial institution pursuant to a margin call created when the issuer's stock trades below certain price levels. The reported price of $1.8755 is a weighted average price pursuant to multiple transactions at prices ranging from $1.75 to $2.32.