SEC Form 4 · accession 0001181431-15-006584
AgEagle Aerial Systems Inc. · UAVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Atticus Lowe
Officer — SVP Corporate Development · Director
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000008504
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3,F1 | May 4, 2015 | J | 3,499,201 | $0.00 | D | 0 | I | Shares held by West Coast Opportunity Fund LLC |
| Common StockF3 | May 4, 2015 | J | 1,417 | $0.00 | A | 1,417 | I | Shares held in Roth IRA |
| Common StockF3 | May 4, 2015 | J | 2,404 | $0.00 | A | 2,404 | I | Shares held by Rollover IRA |
| Common StockF3 | May 4, 2015 | J | 1,308 | $0.00 | A | 1,308 | D | |
| Common StockF2 | holding | — | — | — | 439,597 | I | Shares held by Montecito Venture Partners LLC | |
| 10% Series A Cumulative Redeemable Perpetual Preferred StockF2 | holding | — | — | — | 56,990 | I | Shares held by Montecito Venture Partners, LLC | |
| Common Stock | holding | — | — | — | 8,572 | I | Shares held in IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The investments held by West Coast Opportunity Fund, LLC are managed by West Coast Asset Management, Inc. Reporting Person serves on the investment committee of West Coast Asset Management, Inc.
- F2Shares are held by Montecito Venture Partners, LLC, which Reporting Person serves on the board of managers.
- F3West Coast Opportunity Fund, LLC made a pro rata distribution of Issuer's common stock to its members. The distribution effects only a change in the form of beneficial ownership and is therefore exempt from Section 16 of the Securities and Exchange Act of 1934.