0000905718-18-000222.txt : 20180214 0000905718-18-000222.hdr.sgml : 20180214 20180214161645 ACCESSION NUMBER: 0000905718-18-000222 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180214 DATE AS OF CHANGE: 20180214 GROUP MEMBERS: JEFFREY HALIS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Prism Technologies Group, Inc. CENTRAL INDEX KEY: 0001077370 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 943220749 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-58393 FILM NUMBER: 18612467 BUSINESS ADDRESS: STREET 1: 101 PARKSHORE DR STREET 2: SUITE 100 CITY: FOLSOM STATE: CA ZIP: 95630 BUSINESS PHONE: 916-932-2860 MAIL ADDRESS: STREET 1: 101 PARKSHORE DR STREET 2: SUITE 100 CITY: FOLSOM STATE: CA ZIP: 95630 FORMER COMPANY: FORMER CONFORMED NAME: Internet Patents Corp DATE OF NAME CHANGE: 20111227 FORMER COMPANY: FORMER CONFORMED NAME: INSWEB CORP DATE OF NAME CHANGE: 19990507 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Halis Family Foundation CENTRAL INDEX KEY: 0001666628 IRS NUMBER: 306060775 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 405 PARK AVENUE STREET 2: SUITE 1104 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-446-2473 MAIL ADDRESS: STREET 1: 405 PARK AVENUE STREET 2: SUITE 1104 CITY: NEW YORK STATE: NY ZIP: 10022 SC 13G/A 1 prism_sch13gam1dec2017.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. 1)*

 

 

PRISM TECHNOLOGIES GROUP, INC.

(Name of Issuer)

 

Common Stock, par valuE $0.001 PER SHARE

(Title of Class of Securities)

 

74273Y100

(CUSIP Number)

 

December 31, 2017

(Date of Event Which Requires Filing of this Statement)

 

 

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:

 

[   ] Rule 13d-1(b)

[X] Rule 13d-1(c)

[   ] Rule 13d-1(d)

 

 

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 
 

 

CUSIP No.  74273Y100
(1) Names of Reporting Persons
 

Halis Family Foundation

  
(2) Check the Appropriate Box if a Member of a Group (a) [    ]  
  (b) [    ]

 

 

(3) SEC Use Only
(4) Citizenship or Place of Organization
   
Number of Shares Beneficially Owned By Each Reporting Person With
  (5) Sole Voting Power: 484,685*  
  (6) Shared Voting Power: 0*  
  (7) Sole Dispositive Power: 484,685*  
  (8) Shared Dispositive Power: 0*  
       
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
  484,685*  
(10) Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):
  4.8%*  
(12) Type of Reporting Person (See Instructions):
  OO  
             

 

*Based on 10,073,688 shares of Common Stock, par value $0.001 per share. (the "Shares"), of Prism Technologies Group, Inc. (the "Company"), outstanding as of November 14, 2017, as disclosed in the Company's quarterly report on Form 10-Q for the quarterly period ended September 30, 2017.  As of December 31, 2017, 484,685 Shares are owned by Halis Family Foundation, a New York trust ("HFF") and 484,629 Shares are owned by Tyndall Partners, LP a Delaware limited partnership (“Tyndall”).  Jeffrey Halis is the trustee of HFF, and possesses the sole power to vote and the sole power to direct the disposition of all Shares held by HFF.

 

 

 

CUSIP No.  74273Y100
(1) Names of Reporting Persons
 

Jeffrey Halis

  
(2) Check the Appropriate Box if a Member of a Group (a) [    ]  
  (b) [    ]

 

 

(3) SEC Use Only
(4) Citizenship or Place of Organization
  State of New York  
Number of Shares Beneficially Owned By Each Reporting Person With
  (5) Sole Voting Power: 969,314*  
  (6) Shared Voting Power: 0*  
  (7) Sole Dispositive Power: 969,314*  
  (8) Shared Dispositive Power: 0*  
       
(9) Aggregate Amount Beneficially Owned by Each Reporting Person:
  969,314*  
(10) Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):
  9.6%*  
(12) Type of Reporting Person (See Instructions):
  IN  
             

 

* Based on 10,073,688 shares of Common Stock, par value $0.001 per share. (the "Shares"), of Prism Technologies Group, Inc. (the "Company"), outstanding as of November 14, 2017, as disclosed in the Company's quarterly report on Form 10-Q for the quarterly period ended September 30, 2017.  As of December 31, 2017, 484,685 Shares are owned by Halis Family Foundation, a New York trust ("HFF") and 484,629 Shares are owned by Tyndall Partners, LP a Delaware limited partnership (“Tyndall”).  Jeffrey Halis is the trustee of HFF, and possesses the sole power to vote and the sole power to direct the disposition of all Shares held by HFF. Mr. Halis, through two related entities has the sole power to vote and the sole power to direct the disposition of all Shares held by Tyndall. As a result of the foregoing, for purposes of Reg. Section 240.13d-3, Mr. Halis may be deemed to beneficially own the 969,314 Shares of the Company held in the aggregate by HFF and Tyndall, or 9.6% of the Shares of the Company deemed to be issued and outstanding as of December 31, 2017.

  

 
 

 


Item 1(a).  Name Of Issuer:
  Prism Technologies Group, Inc. (the “Company”)
Item 1(b).  Address of Issuer’s Principal Executive Offices:
  101 Parkshore Drive, Suite 100, Folsom, CA 95630

Item 2(a).  Name of Person Filing:
 

This report on Schedule 13G (this “Schedule 13G”), is being jointly filed by Halis Family Foundation (“HFF”) and Tyndall Partners, LP a Delaware limited partnership (“Tyndall”).

As of December 31, 2017, 484,685 shares of Common Stock, par value $0.001 per share. (the "Shares"), of the Company are owned by HFF and 484,629 Shares are owned by Tyndall.  Jeffrey Halis is the trustee of HFF, and possesses the sole power to vote and the sole power to direct the disposition of all Shares held by HFF. Mr. Halis, through two related entities has the sole power to vote and the sole power to direct the disposition of all Shares held by Tyndall.

As of December 31, 2017 HFF held 484,685 Shares constituting approximately 4.8% of the Shares issued and outstanding as of such date and Tyndall held 484,629 Shares constituting approximately 4.8% of the Shares issued and outstanding as of such date.

Item 2(b).  Address of Principal Business Office or, if None, Residence:
  405 Park Avenue, Suite 1104, New York, New York 10022

Item 2(c).  Citizenship:
  HFF is a New York Trust and Tyndall is a Delaware limited partnership.
Item 2(d).  Title of Class of Securities:
  Common Stock, par value $0.001 per share
Item 2(e).  CUSIP No.:
  74273Y100
Item 3.  If This Statement Is Filed Pursuant to §240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:
  Not Applicable.

  

 

 

 

Item 4.  Ownership:
As reported in the cover pages to this report, the ownership information with respect to HFF is as follows:
  (a)  Amount Beneficially Owned: 484,685*  
  (b)  Percent of Class: 4.8%*  
  (c)  Number of Shares as to which such person has:    
  (i)  Sole power to vote or to direct the vote: 484,685*  
  (ii)  Shared power to vote or to direct the vote: 0*  
  (iii)  Sole power to dispose or to direct the disposition of: 484,685*  
  (iv)  Shared power to dispose or to direct the disposition of: 0*  
         

 

  

 

As reported in the cover pages to this report, the ownership information with respect to Mr. Halis is as follows:
  (a)  Amount Beneficially Owned: 969,314*  
  (b)  Percent of Class: 9.6%*  
  (c)  Number of Shares as to which such person has:    
  (i)  Sole power to vote or to direct the vote: 969,314*  
  (ii)  Shared power to vote or to direct the vote: 0*  
  (iii)  Sole power to dispose or to direct the disposition of: 969,314*  
  (iv)  Shared power to dispose or to direct the disposition of: 0*  
         

     

  ___________________________

*Based on 10,073,688 Shares of the Company outstanding as of November 14, 2017, as disclosed in the Company's quarterly report on Form 10-Q for the quarterly period ended September 30, 2017.  As of December 31, 2017, 484,685 Shares are owned by HFF and 484,629 Shares are owned by Tyndall. Mr. Halis is the trustee of HFF, and possesses the sole power to vote and the sole power to direct the disposition of all Shares held by HFF. Mr. Halis, through two related entities has the sole power to vote and the sole power to direct the disposition of all Shares held by Tyndall. As a result of the foregoing, for purposes of Reg. Section 240.13d-3, Mr. Halis may be deemed to beneficially own the 969,314 Shares of the Company held in the aggregate by HFF and Tyndall, or 9.6% of the Shares of the Company deemed to be issued and outstanding as of December 31, 2017.

 

 

Item 5.  Ownership of Five Percent or Less of a Class:
  Not Applicable.
Item 6.  Ownership of More Than Five Percent on Behalf of Another Person:
  Not Applicable.
Item 7.  Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
  Not Applicable.
Item 8.  Identification and Classification of Members of the Group:
  Not Applicable.
Item 9.  Notice of Dissolution of Group:
  Not Applicable.
Item 10.  Certification:
 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 

 
 

SIGNATURE

               After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

  February 14, 2018  
     
  HALIS FAMILY FOUNDATION  
     
By: JEFFREY S. HALIS,  
  its trustee  
     
     
  By: /s/ Jeffrey S. Halis  
  Jeffrey S. Halis  
  Trustee  

 

  /s/ Jeffrey S. Halis  
          Jeffrey S. Halis  
     
     

 

 

 

 

 

Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)

 

 

 

Exhibit Index

 

Exhibit

A.   Joint Filing Agreement, dated as of February 24, 2017, by and between Halis Family Foundation and Jeffrey Halis (incorporated by reference to Exhibit A to Schedule 13G filed with the Securities and Exchange Commission on February 24, 2017).