4//SEC Filing
WATSON E J 4
Accession 0000921895-18-000707
CIK 0001629261other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:16 PM ET
Size
21.4 KB
Accession
0000921895-18-000707
Insider Transaction Report
Form 4
WATSON E J
10% Owner
Transactions
- Sale
Common Stock, $0.0001 par value
2017-12-23$1.60/sh−563,466$903,912→ 0 total(indirect: By: Brentwood LIIT (NZ) Ltd.)
Holdings
- 70,000
Warrants
Exercise: $2.40From: 2017-10-04Exp: 2018-10-04→ Common Stock, $0.0001 par value (70,000 underlying) - 747,078
Common Stock, $0.0001 par value
- 189,659(indirect: By: Leonie Holdings, Ltd.)
Common Stock, $0.0001 par value
- 219,895
Common Stock, $0.0001 par value
- 632,848(indirect: By: Ivory Castle Ltd.)
Common Stock, $0.0001 par value
- 165,000
Warrants
Exercise: $4.18From: 2017-03-29Exp: 2018-03-29→ Common Stock, $0.0001 par value (165,000 underlying) - 16,150(indirect: By: Neroli Holdings, Ltd.)
Common Stock, $0.0001 par value
- 7,279
Common Stock, $0.0001 par value
- 318,594
Common Stock, $0.0001 par value
- 20,000
Warrants
Exercise: $4.90From: 2017-05-12Exp: 2018-05-12→ Common Stock, $0.0001 par value (20,000 underlying) - 22,500(indirect: By: Ivory Castle Ltd.)
Warrants
Exercise: $6.00From: 2015-09-30Exp: 2018-09-07→ Common Stock, $0.0001 par value (22,500 underlying) - 63,334
Common Stock, $0.0001 par value
Cullen Inc Holdings Ltd.
10% Owner
Transactions
- Sale
Common Stock, $0.0001 par value
2017-12-23$1.60/sh−563,466$903,912→ 0 total(indirect: By: Brentwood LIIT (NZ) Ltd.)
Holdings
- 747,078
Common Stock, $0.0001 par value
- 7,279
Common Stock, $0.0001 par value
- 189,659(indirect: By: Leonie Holdings, Ltd.)
Common Stock, $0.0001 par value
- 318,594
Common Stock, $0.0001 par value
- 20,000
Warrants
Exercise: $4.90From: 2017-05-12Exp: 2018-05-12→ Common Stock, $0.0001 par value (20,000 underlying) - 22,500(indirect: By: Ivory Castle Ltd.)
Warrants
Exercise: $6.00From: 2015-09-30Exp: 2018-09-07→ Common Stock, $0.0001 par value (22,500 underlying) - 16,150(indirect: By: Neroli Holdings, Ltd.)
Common Stock, $0.0001 par value
- 632,848(indirect: By: Ivory Castle Ltd.)
Common Stock, $0.0001 par value
- 63,334
Common Stock, $0.0001 par value
- 165,000
Warrants
Exercise: $4.18From: 2017-03-29Exp: 2018-03-29→ Common Stock, $0.0001 par value (165,000 underlying) - 70,000
Warrants
Exercise: $2.40From: 2017-10-04Exp: 2018-10-04→ Common Stock, $0.0001 par value (70,000 underlying) - 219,895
Common Stock, $0.0001 par value
Footnotes (14)
- [F1]This Form 4 is filed jointly by Cullen Inc Holdings Ltd. ("Cullen Holdings"), Eric J. Watson, William Gibson, Andrew Stranberg, and Justin Davis-Rice (collectively, the "Reporting Persons"). Each of the Reporting Persons is a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein.
- [F10]Securities owned directly by Mr. Davis-Rice.
- [F11]The warrants held by Cullen Holdings are currently exercisable, for $4.18 per share, subject to adjustment pursuant to the terms of the warrants and expire on March 29, 2018.
- [F12]The warrants held by Mr. Watson are currently exercisable, for $4.90 per share, subject to adjustment pursuant to the terms of the warrants and expire on May 12, 2018.
- [F13]The warrants held by Mr. Stranberg are currently exercisable, for $2.40 per share, subject to adjustment pursuant to the terms of the warrants and expire on October 4, 2018.
- [F14]The warrants held by Ivory Castle are currently exercisable, for $6.00 per share, subject to adjustment pursuant to the terms of the warrants and expire on September 17, 2018.
- [F2]Securities owned directly by Cullen Holdings. As a director of Cullen Holdings, Mr. Watson may therefore be deemed to beneficially own the securities owned direclty by Cullen Holdings.
- [F3]Securities owned directly by Neroli Holdings, Ltd. ("Neroli"). Neroli is a company held by the Knightsbridge Trust of which Deborah Houghton (Mr. Watson's former partner) and Samuel Watson (Deborah and Eric's son) are beneficiaries.
- [F4]Securities owned directly by Leonie Holdings, Ltd. ("Leonie"). Leonie is a company held by the Leolu Trust of which Mr. Watson's partner, Lisa Henrekson, and their children are beneficiaries.
- [F5]Securities were owned directly by Brentwood LIIT (NZ) Ltd. ("Brentwood"). As a director of Cullen Business Trust Ltd., an entity with a 50% interest in Brentwood, Mr. Watson may be deemed to be the beneficial owner of the shares directly owned by Brentwood.
- [F6]Securities owned directly by Mr. Watson.
- [F7]Securities owned directly by Mr. Gibson.
- [F8]Securities owned directly by Ivory Castle Ltd. ("Ivory Castle"). Ivory Castle is a company held by the Heron Bay Trust, of which Mr. Gibson and his father are the beneficial owners. As a beneficial owner of the Heron Bay Trust, Mr. Gibson may be deemed the beneficial owner of shares owned directly by Ivory Castle.
- [F9]Securities owned directly by Mr. Stranberg.
Documents
Issuer
Long Blockchain Corp.
CIK 0001629261
Entity typeother
IncorporatedNew Zealand
Related Parties
1- filerCIK 0001018319
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:16 PM ET
- Size
- 21.4 KB