SEC Form 4 · accession 0001213900-16-015344
OCEAN BIO CHEM INC · OBCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter G Dornau
Officer — Chairman, President, & CEO · Director · 10% Owner
Period of report
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 12:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 26, 2016 | A | 30,000 | $0.00 | A | 295,242 | D | |
| Common Stock | Jul 26, 2016 | G | 30,000 | $0.00 | D | 265,242 | D | |
| Common StockF3 | Jul 26, 2016 | G | 30,000 | $0.00 | A | 4,477,628 | I | By Dornau Family, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Constitutes stock award provided to the reporting person pursuant to the Issuer's 2015 Equity Compensation Plan.
- F2The reporting person transferred the shares to the Peter Dornau Family, LLC, a Florida limited liability company of which the reporting person, his wife, son, and daughter are members and the reporting person is the sole managing member.
- F3The reporting person disclaims beneficial ownership of Issuer common stock held by the Peter Dornau Family, LLC except to the extent of his pecuniary interest therein.