Home > Insider Trading > Filing (0001445866-14-001579)

Filing Details

Accession Number:: 0001445866-14-001579
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-12-10 17:27:48
Reporting Period:: 2014-04-09

Filing Date:: 2014-12-10
Accepted Time:: 2014-12-10 17:27:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1396633	Summer Energy Holdings Inc	SUME	Electric Services (4911)	202722022

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1116185	Neil Leibman	800 Bering Drive Suite 260 Houston TX 77057	Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-04-09	6,247	$0.00	46,402	No	4	J	Direct
Common Stock	Acquisiton	2014-05-13	4,932	$0.00	51,334	No	4	J	Direct
Common Stock	Acquisiton	2014-05-23	38,889	$0.45	90,223	No	4	P	Direct
Common Stock	Acquisiton	2014-06-04	35,561	$0.00	125,784	No	4	J	Direct
Common Stock	Acquisiton	2014-06-12	5,096	$0.00	130,880	No	4	J	Direct
Common Stock	Acquisiton	2014-07-11	23,200	$0.00	154,080	No	4	J	Direct
Common Stock	Acquisiton	2014-07-11	4,932	$0.00	159,012	No	4	J	Direct
Common Stock	Acquisiton	2014-08-08	5,096	$0.00	164,108	No	4	J	Direct
Common Stock	Acquisiton	2014-08-08	23,200	$0.00	187,308	No	4	J	Direct
Common Stock	Acquisiton	2014-09-05	23,200	$0.00	210,508	No	4	J	Direct
Common Stock	Acquisiton	2014-09-05	5,096	$0.00	215,604	No	4	J	Direct
Common Stock	Acquisiton	2014-10-01	23,200	$0.00	238,804	No	4	J	Direct
Common Stock	Acquisiton	2014-11-11	21,071	$0.00	259,875	No	4	J	Direct
Common Stock	Acquisiton	2014-12-09	20,200	$0.00	280,075	No	4	J	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	J	Direct
No	4	J	Direct
No	4	P	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct

Footnotes

The reporting person received these shares of common stock as a payment-in-kind dividend on 500,000 shares of Series B Preferred Stock owned by the reporting person on the dividend record date. The dividends are payable in cash or common stock and the reporting person elected to receive such dividends in the form of common stock.
Does not include 46,479 shares held of record by Boxer Capital, Ltd., a Texas limited partnership. Mr. Leibman is general partner of Boxer Capital, Ltd. and has sole voting and dispositive power over such shares. Mr. Leibman disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), or for any other purpose. Also does not include 1,807,576 shares held of record by MAA Holdings Limited, a Texas limited partnership. Mr. Leibman is general partner of MAA Holdings Limited and has sole voting and dispositive power over such shares. Mr. Leibman disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act, or for any other purpose. Includes 40,055 shares of common stock received by the reporting person as a dividend on Series A Preferred Stock previously held by the reporting person, which shares were not reported on Form 4 pursuant to an exemption provided in Rule 16a-9(a) of the Exchange Act.
The reporting person received these shares of common stock in connection with a personal guaranty given by the reporting person for the benefit of the Issuer in connection with an Advance-to-Loan Amount Note, whereby the Issuer borrowed funds from a lending institution. In consideration of such personal guaranty, the Issuer agreed to grant up to 30,000 shares of common stock per month, reduced accordingly as the principal amount of the Note is reduced.