0001214659-20-003176.txt : 20200403 0001214659-20-003176.hdr.sgml : 20200403 20200403114535 ACCESSION NUMBER: 0001214659-20-003176 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200402 FILED AS OF DATE: 20200403 DATE AS OF CHANGE: 20200403 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: 20772264 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-48511.xml PRIMARY DOCUMENT X0306 4 2020-04-02 0001076682 POLARITYTE, INC. PTE 0001691208 Lough Denver 8 EAST BROADWAY, SUITE 320 SALT LAKE CITY UT 84111 false false true true Prior Director and Officer Common Stock 2020-04-02 2020-04-06 4 M false 11111 0.00 A 7123878 D Common Stock 2020-04-02 2020-04-06 4 F false 3203 0.96 D 7120675 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 SA vests over 18 monthly installments. On April 1, 2020, the vested installment (# 7 of 18) of 11,111 shares from the New SA occurred. On April 3, 2020 an official "Transaction Confirmation" from the Issuer's Broker indicating 3,203 shares of the vested 11,111 RSUs 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. DEEMED EXECUTION DATE: The reported formal Transaction Confirmation's "Settlement Date" is April 6, 2020 per Issuer's Broker. PRIOR SHARE AWARDS & DISPUTE: As of this filing, 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 his three year Executive Employment Agreement (EEA) and other formal public filings by the Issuer. These "Dispute Shares" include approximately an additional 1,673,750 shares of the Issuer's common stock. 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. 6). 11,111 of the Restricted Stock Units (RSUs) included in the 2019 NEW SA grant vested on 4/1/2020 and were distributed on 4/1/2020. 3,203 shares were retained for "tax withholding, commission and fees," using a standard "Sell-to-Cover" transaction, and 7,908 shares were delivered to the RP on 4/3/2020 /s/ Denver M. Lough 2020-04-03