SEC Form 4 · accession 0001185185-15-003244
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
Dec 2, 2015
Accepted (ET)
Dec 4, 2015 · 6:59 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 StockF1 | Dec 2, 2015 | S | 17,439 | $0.041 | D | 8,836,859 | I | See footnote |
| Common StockF2 | Dec 3, 2015 | S | 3,691,000 | $0.0258 | D | 5,145,859 | I | See footnote |
| Common StockF3 | Dec 3, 2015 | S | 1,405,133 | $0.0247 | D | 3,689,234 | I | See footnote |
| Common StockF4 | Dec 3, 2015 | S | 1,240,726 | $0.0235 | D | 2,500,000 | I | See footnote |
| Common StockF6,F5 | Dec 3, 2015 | S$0 | 2,000,000 | — | D | 500,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 7,096,133 shares held by Vincent Chase, Inc. and 1,740,726 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person. The securities sold in this transaction were owned by PVM International, Inc.
- F2Represents 3,405,133 shares held by Vincent Chase, Inc. and 1,740,726 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person. The securities sold in this transaction were owned by PVM International, Inc.
- F3Represents 2,000,000 shares held by Vincent Chase, Inc. and 1,740,726 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person. The securities sold in this transaction were owned by PVM International, Inc.
- F4Represents 2,000,000 shares held by Vincent Chase, Inc. and 500,000 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person. The securities sold in this transaction were owned by PVM International, Inc.
- F5Represents 0 shares held by Vincent Chase, Inc. and 500,000 shares held by PVM International, Inc., each of which are owned and controlled by the Reporting Person. The securities sold in this transaction were owned by PVM International, Inc.
- F6Represents 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.