SEC Form 5 · accession 0000899243-15-001749
POSITRON CORP · POSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cecil O'Brate
10% Owner
Period of report
Dec 31, 2014
Accepted (ET)
Jul 27, 2015 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000844985
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 1, 2014 | P | 1,250 | $1.92 | A | 2,087,848 | D | |
| Common StockF1 | Jul 1, 2014 | P | 225 | $1.88 | A | 2,088,073 | D | |
| Common StockF1 | Aug 5, 2014 | P | 5,000 | $2.08 | A | 2,093,073 | D | |
| Common StockF1 | Aug 6, 2014 | S | 250 | $1.92 | D | 2,092,823 | D | |
| Common StockF1,F2 | Aug 11, 2014 | P | 833,333 | $1.32 | A | 2,926,156 | D | |
| Common StockF1 | Aug 25, 2014 | P | 208 | $1.68 | A | 2,926,364 | D | |
| Common StockF1 | Oct 14, 2014 | P | 500 | $1.00 | A | 2,926,864 | D | |
| Common StockF1 | Oct 21, 2014 | P | 961 | $0.80 | A | 2,927,825 | D | |
| Common StockF1 | Oct 21, 2014 | P | 411 | $0.92 | A | 2,928,236 | D | |
| Common StockF1 | Oct 21, 2014 | P | 839 | $0.96 | A | 2,929,075 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The number of shares and prices listed in Items 4 and 5 refer to the current number of shares and prices after a reverse split of the issuer's common stock, par value $0.0001 per share, on a 1 for 400 basis, which was made effective on April 8, 2015 (the "Reverse Stock Split"). This Form 5 is intended to correct errors to previously filed reports and to disclose all omitted open market transactions.
- F2These shares were originally reported on a Form 4 filed March 31, 2015 with an incorrect transaction date of August 27, 2014. The reporting person acquired the shares through a private purchase from the issuer on August 11, 2014. This transaction was previously reported as covering 333,333,333 shares at a price of $0.003 per share but has been adjusted to reflect the Reverse Stock Split.
Remarks
Form 3 of 3