SEC Form 4 · accession 0001437749-16-023154
BIOLARGO, INC. · BLGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L Provenzano
Officer — Secretary · Director
Period of report
Dec 31, 2015
Accepted (ET)
Jan 5, 2016 · 8:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000880242
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Dec 31, 2015 | A | 20,686 | $0.00 | A | 1,270,743 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were issued to Reporting Person as payment for $10,343.07 in fees due to Reporting Person for services as President of Issuer's subsidiary and as its corporate Secretary, pursuant to a plan adopted by the Issuer's Board to retire outstanding accounts payable.
- F2These shares are restricted from sale until the earlier of (i) Reporting Person's employment with Issuer is terminated, or (ii) the Issuer reports a "change in control" on Form 8-K.