SEC Form 4 · accession 0001185185-15-003242
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
Dec 3, 2015
Accepted (ET)
Dec 4, 2015 · 6:55 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 | Dec 3, 2015 | S | 3,691,000 | $0.0258 | D | 3,405,133 | D | |
| Common Stock | Dec 3, 2015 | S | 1,405,133 | $0.0247 | D | 2,000,000 | D | |
| Common StockF1 | Dec 3, 2015 | S$0 | 2,000,000 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents voluntary transfer of 2,000,000 million shares by Reporting Person as part of global settlement of class action and derivative lawsuits announced by the Issuer on October 22, 2015. The shares in question are the only contribution by Reporting Person to the settlement. No cash or other value was paid by Reporting Person to any class or derivative claimants. All class and derivative matters were settled without any admission of liability by Reporting Person.