MAGNEGAS CORP 4
4 · MAGNEGAS CORP · Filed Nov 28, 2016
Insider Transaction Report
Form 4
MAGNEGAS CORPMNGA
Santilli, Ermanno
DirectorCEO10% Owner
Transactions
- Purchase
Common Stock, par value $0.001 per share
2016-11-28$0.47/sh+31,650$14,917→ 1,304,304 total
Footnotes (1)
- [F1]Consists of 31,650 non-restricted shares held in Mr. Santilli's brokerage account; 377,654 restricted shares held in Mr. Santilli's own name; 25,000 restricted shares held by MagneGas Arc Applied Solutions Europe, a privately owned company whose address is Rue Aux Fleurs 1, Brussels 1000 Belgium, of which Mr. Santilli owns more than 50%; 270,000 restricted shares held by the RM Santilli Foundation, a foundation of which Mr. Santilli controls 50%; and 600,000 shares of common stock underlying options held by Mr. Santilli that are presently exercisable.