Accession Number: | 0001493152-19-018217 |
Date: | 2019-11-22 |
Issuer: | MARATHON PATENT GROUP, INC. (MARA) |
Original Submission Date: |
OKAMOTO MERRICK D
C/O MARATHON PATENT GROUP, INC.
1180 N. TOWNE CENTER DRIVE, SUITE 100
LAS VEGAS, NV 89144
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-11-22 | P | 25,000 | a | $0.99 | 53,875 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 0.58 | 2018-10-12 | deemed execution date | A | 5,000,000 (a) | 2028-10-12 | common 5,000,000 | $0.58 | 5,000,000 | direct |
ID | footnote |
---|---|
f1 | 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. |