0001214659-19-006996.txt : 20191112
0001214659-19-006996.hdr.sgml : 20191112
20191112083312
ACCESSION NUMBER: 0001214659-19-006996
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191106
FILED AS OF DATE: 20191112
DATE AS OF CHANGE: 20191112
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lough Denver
CENTRAL INDEX KEY: 0001691208
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32404
FILM NUMBER: 191206369
MAIL ADDRESS:
STREET 1: 4041-T HADLEY ROAD
CITY: SOUTH PLAINFIELD
STATE: NJ
ZIP: 07080
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: POLARITYTE, INC.
CENTRAL INDEX KEY: 0001076682
STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
IRS NUMBER: 061529524
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 123 NORTH WRIGHT BROTHERS DRIVE
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84116
BUSINESS PHONE: (800)-560-3983
MAIL ADDRESS:
STREET 1: 123 NORTH WRIGHT BROTHERS DRIVE
CITY: SALT LAKE CITY
STATE: UT
ZIP: 84116
FORMER COMPANY:
FORMER CONFORMED NAME: MAJESCO ENTERTAINMENT CO
DATE OF NAME CHANGE: 20050427
FORMER COMPANY:
FORMER CONFORMED NAME: MAJESCO HOLDINGS INC
DATE OF NAME CHANGE: 20040416
FORMER COMPANY:
FORMER CONFORMED NAME: CONNECTIVCORP
DATE OF NAME CHANGE: 20010815
4
1
marketforms-46118.xml
PRIMARY DOCUMENT
X0306
4
2019-11-06
0001076682
POLARITYTE, INC.
PTE
0001691208
Lough Denver
8 EAST BROADWAY, SUITE 320
SALT LAKE CITY
UT
84111
false
false
true
true
Prior D&O within 90 days
Common Stock
2019-11-06
2019-11-08
4
F
false
4815
2.90
D
7336904
D
NEW SHARE AWARDS: The Reporting Person (RP) was granted a NEW Share Award (SA) of 200,000 Restricted Stock Units (RSUs) on August 26, 2019, commencing October 1, 2019. This NEW SA vests over 18 monthly installments. On November 1, 2019, the Issuer confirmed the vested installment (# 2 of 18) of 11,111 shares from the NEW SA. On November 4, 2019, the RP recognized a failure to distribute the vested shares and contacted the Issuer's Broker who reported that pre-clearance had not been granted by the Issuer for release and transfer of the vested shares. The RP sent communications to the Issuer on November 4, 2019 regarding the unreleased shares. On November 7, 2019 an official "Transaction Confirmation" from the Issuer's Broker indicating 4,815 shares of the 11,111 RSUs vested were retained for "tax withholding, commission and fees," using a standard "Sell-to-Cover" transaction commonly utilized within the Issuer's Stock Plan Services system.
PRIOR SHARE AWARDS & DISPUTE: As of November 7, 2019, the Reporting Person (RP) remains in dispute with the Issuer regarding delivery and access to PRIOR Share Awards (SAs) that were previously granted to him as a Director and Officer of the Company during 2016 - 2018, and which were included as consideration for the reduction of the summative cash "Separation Payment," as defined within the RP's three year Executive Employment Agreement (EEA) and other formal public filings by the Issuer. The RP will publicly file detailed information, actions and disclosures for shareholders and regulators with the U.S. Security & Exchange Commission in an updated Schedule 13D/A (Amendment No. 4) for November 2019.
DEEMED EXECUTION DATE: The reported formal trade "Settlement Date" was November 8, 2019 as per the "Transaction Confirmation" distributed by the Issuer's Broker.
/s/ Denver M. Lough
2019-11-11