SEC Form 5

FORM 5		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0362 Estimated average burden hours per response: 1.0
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Form 3 Holdings Reported.
X	Form 4 Transactions Reported.

1. Name and Address of Reporting Person* Sapinda Asia Ltd (Last) (First) (Middle) 37TH FLOOR TWO IFC 8 FINANCE STREET, CENTRAL (Street) HONG KONG 00000 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Track Group, Inc. [ TRCK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year) 09/30/2014
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Stock(1)	01/30/2014		P4	115,000	A	$19.55	5,032,803	D
Common Stock(1)	02/12/2014		P4	5,661	A	$19.3	5,032,803	D
Common Stock(1)	03/21/2014		S4	3,000	D	$18.45	5,032,803	D
Common Stock(1)	02/24/2014		S4	45,000	D	$18.5	5,032,803	D
Common Stock(1)	04/02/2014		S4	1,800	D	$18.7	5,032,803	D
Common Stock(1)	05/23/2014		P4	20,000	A	$17.35	5,032,803	D
Common Stock(1)	05/27/2014		P4	15,000	A	$17.5	5,032,803	D
Common Stock(1)	05/28/2014		P4	10,000	A	$18	5,032,803	D
Common Stock(1)	06/23/2014		P4	11,920	A	$17.85	5,032,803	D
Common Stock(1)	07/01/2014		P4	7,500	A	$15.75	5,032,803	D
Common Stock(1)(2)	07/03/2014		P4	35,273	A	$20.874	5,032,803	D
Common Stock(1)	07/18/2014		P4	5,925	A	$15.85	5,032,803	D
Common Stock(1)	07/28/2014		P4	60,000	A	$15.02	5,032,803	D
Common Stock(1)	07/31/2014		P4	32,853	A	$13.95	5,032,803	D
Common Stock(1)	08/08/2014		P4	45,000	A	$16.93	5,032,803	D
Common Stock(1)	08/19/2014		P4	7,021	A	$18.8	5,032,803	D
Common Stock(1)	09/23/2014		P4	90,124	A	$23.376	5,032,803	D
Common Stock(1)	09/26/2014		P4	22,342	A	$15.45	5,032,803	D
Common Stock(1)	09/30/2014		S4	107	D	$15	5,032,803	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Sapinda Asia Ltd (Last) (First) (Middle) 37TH FLOOR TWO IFC 8 FINANCE STREET, CENTRAL (Street) HONG KONG 00000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Windhorst Lars (Last) (First) (Middle) 37TH FLOOR TWO IFC 8 FINANCE STREET, CENTRAL (Street) HONG KONG 00000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. This Form 5 is filed jointly by Sapinda Asia Limited ("Sapinda Asia") and Lars Windhorst (collectively, the "Reporting Persons"). As the sole shareholder of Sapinda Asia, Mr. Windhorst may be deemed to beneficially own the Common Stock beneficially owned by Sapinda Asia. Mr. Windhorst disclaims beneficial ownership of such shares of Common Stock except to the extent of his pecuniary interest therein.

2. Mr. Windhorst directly owns the 35,273 shares of Common Stock acquired on July 3, 2014.

	Sapinda Asia Limited By: /s/ Lars Windhorst, Authorized Signatory	07/09/2015
	By: /s/ Lars Windhorst	07/09/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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