SEC Form 4 · accession 0001632909-17-000018
Mentor Capital, Inc. · MNTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chester Billingsley
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
May 18, 2017
Accepted (ET)
May 22, 2017 · 1:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001599117
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 18, 2017 | S | 67,600 | $1.40 | D | 4,403,886 | D | |
| Common StockF2,F3 | May 18, 2017 | S | 64,803 | $1.40 | D | 0 | I | by Son |
| Common StockF4,F5 | May 18, 2017 | S | 65,851 | $1.40 | D | 0 | I | by Son |
| Common StockF6,F7 | May 18, 2017 | S | 24,828 | $1.40 | D | 0 | I | by Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reporting person voluntarily reports early that pursuant to his 10b5-1 contract exactly 67,600 shares will be sold between 5/18/2017 and 8/14/2017 in equal weekly sell order lots of 5,200 shares every Monday between the BID and ASK price at approximately $1.40 per share. Any residual shares remaining in the final two weeks will be sold at a market price.
- F2Reporting person's son voluntarily reports early that pursuant to his 10b5-1 contract exactly 64,083 shares will be sold between 5/18/2017 and 8/14/2017 in equal weekly sell order lots of 5,000 shares every Tuesday between the BID and ASK price at approximately $1.40 per share. Any residual shares remaining in the final two weeks will be sold at a market price.
- F3Directly held by reporting person's son. The reporting person disclaims beneficial ownership of the issuer's common stock that his son holds.
- F4Reporting person's son voluntarily reports early that pursuant to his 10b5-1 contract exactly 65,851 shares will be sold between 5/18/2017 and 8/14/2017 in equal weekly sell order lots of 5,000 shares every Wednesday between the BID and ASK price at approximately $1.40 per share. Any residual shares remaining in the final two weeks will be sold at a market price.
- F5Directly held by reporting person's son. The reporting person disclaims beneficial ownership of the issuer's common stock that his son holds.
- F6Reporting person's spouse voluntarily reports early that pursuant to her 10b5-1 contract exactly 24,828 shares will be sold between 5/18/2017 and 8/14/2017 in equal weekly sell order lots of 1,900 shares every Thursday between the BID and ASK price at approximately $1.40 per share. Any residual shares remaining in the final two weeks will be sold at a market price.
- F7Directly held by reporting person's spouse. The reporting person disclaims beneficial ownership of the issuer's common stock that his spouse holds.