SEC Form 4 · accession 0000899243-16-023910
MILESTONE SCIENTIFIC INC. · MLSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Giandomenico Trombetta
Officer — See Remarks · Director · 10% Owner
Period of report
Jun 29, 2016
Accepted (ET)
Jun 30, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 Per ShareF1,F2 | Jun 29, 2016 | P | 1,000,000 | $2.00 | A | 3,000,000 | I | See Footnote |
| Common Stock, Par Value $0.001 Per Share | holding | — | — | — | 66,390 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1BP4 S.r.l. made payment in two tranches. The full payment was received on June 22, 2016 and the shares were issued on June 29, 2016.
- F2These shares are held directly by BP4 S.r.l. Innovest S.p.A. is the controlling shareholder of BP4 S.r.l. Mr. Trombetta is a shareholder and director of each of BP4 S.r.l. and Innovest S.p.A., and may be deemed to have voting and investment power over the securities held by BP4 S.r.l. Mr. Trombetta disclaims beneficial ownership of all securities held by BP4 S.r.l., except to the extent of his pecuniary interest therein, if any.
Remarks
President & CEO of Dental Division