SEC Form 4 · accession 0001185185-15-000305
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 12, 2015
Accepted (ET)
Feb 13, 2015 · 9:49 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 12, 2015 | S | 500 | $1.80 | D | 15,455,178 | I | See footnote |
| Common StockF2,F3,F4 | Feb 12, 2015 | S | 150,000 | $1.616 | D | 15,305,178 | I | See footnote |
| Common StockF5 | Feb 12, 2015 | S | 500 | $1.59 | D | 15,304,678 | I | See footnote |
| Common StockF6 | Feb 13, 2015 | S | 500 | $1.66 | D | 15,304,178 | I | See footnote |
| Common StockF7,F8,F9 | Feb 13, 2015 | S | 170,000 | $1.4914 | D | 15,134,178 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 12,486,125 shares held by Vincent Chase, Inc. and 2,969,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F2Represents 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.
- F3The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.54 to $1.76 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 (3).The margin call has been satisfied in full as of February 13, 2015
- F4Represents 12,336,125 shares held by Vincent Chase, Inc. and 2,969,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F5Represents 12,335,625 shares held by Vincent Chase, Inc. and 2,969,053 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F6Represents 12,335,625 shares held by Vincent Chase, Inc. and 2,968,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.
- F7Represents 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.The margin call has been satisfied in full as of February 13, 2015
- F8The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.45 to $1.47 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 12,165,625 shares held by Vincent Chase, Inc. and 2,968,553 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person.