SEC Form 4 · accession 0001632909-18-000001
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
Feb 21, 2018
Accepted (ET)
Feb 22, 2018 · 7:04 pm EST
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 | Feb 21, 2018 | S | 208,000 | $1.45 | D | 3,779,886 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11. (V) Reporting person voluntarily reports early that pursuant to a single Rule 10b5-1 plan, exactly 208,000 shares will be sold between 2/21/2018 and 5/14/2018 in equal weekly sell order lots of 16,000 shares split into three individual sell orders of approximately 5,333 shares each, placed on the first two or three days of each week, during the first 13 weeks of the plan, and priced between the BID and ASK price at approximately $1.45 per share. Any residual shares remaining in the last ten trading days of the three-month plan will be sold at a market price chosen by the independent broker administering the Rule 10b5-1 plan effective 2/15/2018.