Filing Details

Accession Number:
0000921895-17-000311
Form Type:
5
Zero Holdings:
No
Publication Time:
2017-02-13 17:04:04
Reporting Period:
2016-12-31
Filing Date:
2017-02-13
Accepted Time:
2017-02-13 17:04:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1076522 Ictv Brands Inc. ICTV Retail-Catalog & Mail-Order Houses (5961) 760621102
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1582758 L. Brian Pessin 310 East 75Th Street
Apt. 2A
New York NY 10021
No No No Yes
1663699 S Diana Pessin 310 East 75Th Street
Apt 2A
New York NY 10021
Yes No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-01-23 882,353 $0.34 1,989,651 No 5 P Indirect By: Brian L. Pessin
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 P Indirect By: Brian L. Pessin
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,000 Direct
Common Stock 52,200 Indirect Through IRA
Footnotes
  1. This Form 5 is filed jointly by Diana S. Pessin and Brian L. Pessin (collectively, the "Reporting Persons"). Each Reporting Person may be deemed to be a member of a Section 13(d) group, along with Norman H. Pessin and Sandra F. Pessin, that may be deemed to collectively beneficially own more than 10% of the Issuer's outstanding shares of common stock. Each Reporting Person disclaims beneficial ownership of the shares of common stock reported herein except to the extent of his or her pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such shares of common stock for purposes of Section 16 or for any other purpose.
  2. Brian L. Pessin expressly disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
  3. These shares were purchased on January 23, 2017 pursuant to a Securities Purchase Agreement with the Issuer and the other investors named therein (including Brian L. Pessin) entered into on October 4, 2016.
  4. Shares beneficially owned by Brian L. Pessin, Diana S. Pessin's spouse, which include 73,458 shares which are held in trust for the benefit of his minor children, which trust Brian L. Pessin controls, and 94,300 shares which are controlled by Brian L. Pessin but held for the benefit of his minor children. Diana S. Pessin expressly disclaims beneficial ownership of such shares except to the extent of her pecuniary interest therein.