SEC Form 4 · accession 0001185185-15-000264
Notis Global, Inc. · NGBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
P Vincent Mehdizadeh
10% Owner
Period of report
Feb 5, 2015
Accepted (ET)
Feb 11, 2015 · 8:23 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 StockF10,F1 | Feb 5, 2015 | S | 500 | $3.1822 | D | 16,335,998 | I | See footnote |
| Common StockF2 | Feb 5, 2015 | S | 500 | $2.96 | D | 16,335,498 | I | See footnote |
| Common StockF4,F5 | Feb 5, 2015 | S | 125,820 | $2.3516 | D | 16,209,678 | I | See footnote |
| Common StockF6 | Feb 6, 2015 | S | 500 | $2.24 | D | 16,209,128 | I | See footnote |
| Common StockF7 | Feb 6, 2015 | S | 500 | $1.64 | D | 16,208,628 | I | See footnote |
| Common StockF8,F9 | Feb 6, 2015 | S | 300,000 | $1.6552 | D | 15,908,628 | I | See footnote |
| Common StockF10,F11 | Feb 9, 2015 | S | 100,000 | $2.1895 | D | 15,808,628 | I | See footnote |
| Common StockF13 | Feb 9, 2015 | S | 50,000 | $3.00 | D | 15,758,628 | I | See footnote |
| Common StockF14 | Feb 9, 2015 | S | 500 | $1.66 | D | 15,758,128 | I | See footnote |
| Common StockF19 | Feb 9, 2015 | S | 500 | $2.00 | D | 15,757,628 | I | See footnote |
| Common StockF15 | Feb 10, 2015 | S | 500 | $2.32 | D | 15,757,128 | I | See footnote |
| Common StockF22,F17 | Feb 10, 2015 | S | 250,000 | $1.8754 | D | 15,507,128 | I | See footnote |
| Common StockF20 | Feb 10, 2015 | S | 500 | $1.968 | D | 15,506,628 | I | See footnote |
| Common StockF16 | Feb 11, 2015 | S | 500 | $1.94 | D | 15,506,128 | I | See footnote |
| Common StockF23,F18 | Feb 11, 2015 | S | 50,000 | $1.7785 | D | 15,456,128 | I | See footnote |
| Common StockF21 | Feb 11, 2015 | S | 500 | $1.95 | D | 15,455,678 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 13,314,445 shares held by Vincent Chase, Inc. and 3,021,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F10The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.92 to $2.88 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (10).
- F11Represents 12,787,625 shares held by Vincent Chase, Inc. and 3,021,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F12Represents private sales to existing accredited investor shareholders of the issuer.
- F13Represents 12,787,625 shares held by Vincent Chase, Inc. and 2,971,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F14Represents 12,787,625 shares held by Vincent Chase, Inc. and 2,970,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F15Represents 12,787,625 shares held by Vincent Chase, Inc. and 2,970,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F16Represents 12,787,625 shares held by Vincent Chase, Inc. and 2,969,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F17Represents 12,537,625 shares held by Vincent Chase, Inc. and 2,970,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F18Represents 12,487,625 shares held by Vincent Chase, Inc. and 2,969,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F19Represents 12,487,125 shares held by Vincent Chase, Inc. and 2,969,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F2Represents 13,313,945 shares held by Vincent Chase, Inc. and 3,021,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F20Represents 12,486,625 shares held by Vincent Chase, Inc. and 2,970,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F21Represents 12,486,125 shares held by Vincent Chase, Inc. and 2,969,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F22The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.75 to $2.32 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (22)
- F23The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.73 to $1.88 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (23)
- F3Represents sales made by reporting person's financial institution to cover a margin call occurring when the share price fell below $3 per share. All subject sales were not authorized by reporting person. Approximately $400,000 remains open on the margin call as of this date.
- F4The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.19 to $2.68 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (4).
- F5Represents 13,188,125 shares held by Vincent Chase, Inc. and 3,021,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F6Represents 13,188,125 shares held by Vincent Chase, Inc. and 3,021,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F7Represents 13,187,625 shares held by Vincent Chase, Inc. and 3,021,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F8The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.43 to $2.24 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (8).
- F9Represents 12,887,625 shares held by Vincent Chase, Inc. and 3,021,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.