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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Brauser Michael 2650 NORTH MILITARY TRAIL, SUITE 300 BOCA RATON, FL 33431 |
X |
/s/ Michael Brauser | 06/18/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares held by Grander Holdings, Inc. 401K Profit Sharing Plan of which Mr. Brauser is trustee. |
(2) | Shares held by Birchtree Capital, LLC, of which Mr. Brauser is the manager. |
(3) | Shares held by BSIG, LLC, of which Mr. Brauser is a member. Mr. Brauser disclaims beneficial ownership of these shares except to the extent of any pecuniary ownership he may have. |
(4) | Shares held by Betsy and Michael Brauser Charitable Family Foundation, Inc. of which Mr. Brauser is a director. |
Remarks: As previously reported on a Form 4 filed June 12, 2018, on June 8, 2018, the Reporting Person disposed of 500,000 shares of the Issuer's common stock in exchange for shares of Red Violet, Inc. The assumed price of the Issuer shares disposed of was $2.80 per share. This disposition was "matchable" under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 5,000 shares, with the Reporting Person's purchase of 20,000 shares of the Issuer's common stock on February 13, 2018 at a blended price of $2.85 per share, of which 5,000 shares were purchased at $2.75 per share. The Reporting Person has paid the Issuer $250.00, representing the full amount of the profit realized in connection with this matchable purchase and disposition. |