SEC Form 4 · accession 0001185185-15-000307
Notis Global, Inc. · NGBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent Chase, Inc.
10% Owner
Period of report
Feb 5, 2015
Accepted (ET)
Feb 13, 2015 · 9:59 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 Stock | Feb 12, 2015 | S | 500 | $1.59 | D | 12,485,625 | D | |
| Common StockF2 | Feb 12, 2015 | S | 150,000 | $1.616 | D | 12,335,625 | D | |
| Common StockF4 | Feb 13, 2015 | S | 170,000 | $1.4914 | D | 12,165,625 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents sales made by reporting person's financial institution to cover a margin call occurring when the share price fell below $3 per share. The margin call has been satisfied in full as of February 13, 2015.
- F2The 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 (2).
- 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.The margin call has been satisfied in full as of February 13, 2015.
- F4The 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 (4).