SEC Form 4 · accession 0001493152-18-014613
PEN INC. · PENC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Oct 16, 2018 | J | 4,000 | $0.50 | A | 540,549 | D | |
| Class A Common StockF1 | Oct 16, 2018 | P | 13,333 | $0.50 | A | 553,882 | I | See Footnote 1 |
Table II — derivative securities
Explanation of responses
- F1Of the total holdings, 22,224 shares of Class A common stock are held directly by the reporting person, and the balance are held indirectly through Rickert Family, Limited Partnership.
Remarks
Amount does not include shares held by the Rickert Family, Limited Partnership, except to the extent of the 33.33% limited partnership interest owned by the reporting person for which she has none of the voting control. The reporting person disclaims beneficial ownership of the Issuer's securities owned by the Rickert Family, Limited Partnership, except to the extent of her pecuniary interest and this filing should not be construed as an admission that the reporting person is the beneficial owner of these securities. Shares acquired directly were awarded as compensation for service as a director of PEN Inc. Shares acquired indirectly were purchased by the partnership in a private placement