Filing Details

Accession Number:
0001493152-19-013602
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-03 09:42:58
Reporting Period:
2019-08-30
Accepted Time:
2019-09-03 09:42:58
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1507605 Marathon Patent Group Inc. MARA () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1500893 D Merrick Okamoto C/O Marathon Patent Group, Inc.
1180 N. Towne Center Drive, Suite 100
Las Vegas NV 89144
Chief Executive Officer Yes Yes No No
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 2019-08-30 5,000 $1.56 28,875 No 4 P Indirect Purchased by First Stage Capital, Inc. of which Mr. Okamoto is the beneficial owner.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Purchased by First Stage Capital, Inc. of which Mr. Okamoto is the beneficial owner.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Employee Stock Option (right to buy) Acquisiton 2018-10-12 5,000,000 $0.00 5,000,000 $0.58
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,000,000 2028-10-12 No 4 A Direct
Footnotes
  1. Vesting fifty (50%) percent on the date of grant and twenty-five (25%) percent on each six (6) months anniversary of the date of grant provided awardee is still eligible under the Company's 2018 Equity Incentive Plan subject to acceleration following a change of control. Amount of shares listed is pre-the April 8, 2019 1:4 reverse stock split and equates to 1,250,000 shares post split.