4//SEC Filing
Santilli Ruggero M 4
Accession 0001213900-12-004892
CIK 0001353487other
Filed
Aug 22, 8:00 PM ET
Accepted
Aug 23, 2:15 PM ET
Size
17.4 KB
Accession
0001213900-12-004892
Insider Transaction Report
Form 4
MAGNEGAS CORPMNGA
Santilli, Ermanno
DirectorCEO10% Owner
Transactions
- Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,354,304 total(indirect: By Luisa Ingargiola) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−434,781$1,213,039→ 1,832,829 total(indirect: By LLC) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,018,354 total(indirect: By Ermanno Santilli)
Ingargiola Luisa
DirectorCEO10% Owner
Transactions
- Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,354,304 total(indirect: By Luisa Ingargiola) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−434,781$1,213,039→ 1,832,829 total(indirect: By LLC) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,018,354 total(indirect: By Ermanno Santilli)
Global Alpha, LLC
10% Owner
Transactions
- Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−434,781$1,213,039→ 1,832,829 total(indirect: By LLC) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,354,304 total(indirect: By Luisa Ingargiola) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,018,354 total(indirect: By Ermanno Santilli)
Santilli Ruggero M
DirectorCEO10% Owner
Transactions
- Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,354,304 total(indirect: By Luisa Ingargiola) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−434,781$1,213,039→ 1,832,829 total(indirect: By LLC) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,018,354 total(indirect: By Ermanno Santilli)
Santilli Carla
Director10% Owner
Transactions
- Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,354,304 total(indirect: By Luisa Ingargiola) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−434,781$1,213,039→ 1,832,829 total(indirect: By LLC) - Sale
Common Stock, par value $0.001 per share
2012-08-21$2.79/sh−108,696$303,262→ 4,018,354 total(indirect: By Ermanno Santilli)
Footnotes (8)
- [F1]This Form 4 is filed jointly by Global Alpha, LLC ("Global Alpha"), Dr. Ruggero Maria Santilli ("Ruggero"), Carla Santilli ("Carla"), Luisa Ingargiola ("Luisa"), and ErmannoSantilli ("Ermanno") (collectively, the "Reporting Persons"). Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group, which also includes HyFuels, Inc. ("HyFuels"), Global Beta, LLC ("Global Beta"), Clean Energies Tech Corp. ("Clean Energies") and RM Santilli Foundation (the "Foundation"), that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock and Preferred Stock. Each of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock reporting herein except to the extent of his, her, or its pecuniary interest therein.
- [F2]Represents the sale price of the shares of common stock sold by Global Alpha, Luisa, and Ermanno (collectively, the "Selling Stockholders") to Northland Securities, Inc. and MLV & Co. LLC on August 21, 2012, pursuant to an Underwriting Agreement (the "Underwriting Agreement").
- [F3]Represents shares of Common Stock owned directly by Global Alpha. As the members of Global Alpha, Ruggero and Carla may each be deemed to beneficially own the shares owned by Global Alpha. Each of Ruggero and Carla disclaims beneficial ownership of such shares except to the extent of his or her pecuniary interest therein.
- [F4]These shares of Common Stock were sold directly by Global Alpha as a Selling Stockholder pursuant to the Underwriting Agreement.
- [F5]Represents shares of Common Stock beneficially owned by Luisa. This includes 3,010,000 shares held by HyFuels., in which Luisa Ingargiola owns 4% of the company; 901,000 shares held by Global Beta, in which Luisa owns 95%; 2,000 shares which Luisa beneficially owns through related family members; and 441,304 shares of common stock held by Luisa directly.
- [F6]These shares of Common Stock were sold directly by Luisa as a Selling Stockholder pursuant to the Underwriting Agreement.
- [F7]Represents shares of Common Stock owned beneficially owned by Ermanno. This includes 3,010,000 shares held by Hyfuels, in which Ermanno owns 4% of the company; 313,000 shares held by Clean Energies, in which Ermanno owns 50% of the company; 270,000 shares held by the Foundation in which Ermanno owns 50% of the company; and 425,354 shares of common stock held by Ermanno directly.
- [F8]These shares of Common Stock were sold directly by Ermano as a Selling Stockholder pursuant to the Underwriting Agreement.
Documents
Issuer
MAGNEGAS CORP
CIK 0001353487
Entity typeother
Related Parties
1- filerCIK 0001396053
Filing Metadata
- Form type
- 4
- Filed
- Aug 22, 8:00 PM ET
- Accepted
- Aug 23, 2:15 PM ET
- Size
- 17.4 KB