SEC Form 4 · accession 0001140361-15-007619
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 13, 2015
Accepted (ET)
Feb 17, 2015 · 6:33 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 13, 2015 | S | 110,000 | $1.4909 | D | 3,175,417 | 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 margin call has been satisfied in full and involuntary sales have ceased as of February 13, 2015. The reported price of $1.4909 is a weighted average price pursuant to multiple transactions at prices ranging from $1.43 to $1.69. 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.