SEC Form 4 · accession 0001062993-16-007097
Galenfeha, Inc. · GLFH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Ketner
Other
Period of report
Jan 14, 2016
Accepted (ET)
Jan 14, 2016 · 5:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574676
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Jan 14, 2016 | P | 4,100,000 | $0.001 | D | 8,105,963 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 4,100,000 shares of common stock were retired because of Mr. Ketner's resignation, pursuant to the company's resale restriction agreement filed with the commission on October 25th, 2013. This resale restriction agreement provides a protection to common shareholders, that any stock bought by a director at the time of the company formation will be forfeited without continued employment or participation with the company.