0001083763-15-000032.txt : 20150501 0001083763-15-000032.hdr.sgml : 20150501 20150501120218 ACCESSION NUMBER: 0001083763-15-000032 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150429 FILED AS OF DATE: 20150501 DATE AS OF CHANGE: 20150501 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Patent Properties, Inc. CENTRAL INDEX KEY: 0001294649 STANDARD INDUSTRIAL CLASSIFICATION: PATENT OWNERS & LESSORS [6794] IRS NUMBER: 300342273 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 BUSINESS PHONE: 203-461-7200 MAIL ADDRESS: STREET 1: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 FORMER COMPANY: FORMER CONFORMED NAME: GlobalOptions Group, Inc. DATE OF NAME CHANGE: 20050831 FORMER COMPANY: FORMER CONFORMED NAME: Creative Solutions With Art, Inc. DATE OF NAME CHANGE: 20040619 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WALKER JAY S CENTRAL INDEX KEY: 0001083763 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 15822888 MAIL ADDRESS: STREET 1: C/O WALKER DIGITAL, LLC STREET 2: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2015-04-29 0001294649 Patent Properties, Inc. PPRO 0001083763 WALKER JAY S PATENT PROPERTIES TWO HIGH RIDGE PARK STAMFORD CT 06905 1 1 1 0 Executive Chairman Common Stock 2358500 I Walker Digital, LLC Common Stock 2015-04-29 4 P 0 5680 2.1535 A 72160 D Common Stock 2015-04-30 4 P 0 80 2.14 A 72240 D Series B Convertible Preferred Stock Common Stock 14999000 14999000 I Walker Digital, LLC The purchase of the shares of Common Stock were made pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on March 19, 2015. The number of securities reported represents an aggregate number of shares purchased in multiple open market transactions over a range of purchase prices. The price reported represents the weighted average price. The Reporting Person undertakes to provide to the staff of the SEC, the Issuer, or a stockholder of the Issuer, upon request, the number of shares purchased by the Reporting Person at each separate price within the range. Purchase prices range from $2.12 to $2.1 per share, inclusive. The Reporting Person is the sole member of JSW Investments, LLC, which is the managing member of Walker Digital, LLC; therefore the reporting person may be deemed to indirectly beneficially own the Issuer shares owned by Walker Digital, LLC. Each share of Series B Convertible Preferred Stock is convertible, at the option of the reporting person, at any time and from time to time, into one (1) share of Issuer's Common Stock. /s/Manjola Mema, attorney-in-fact 2015-05-01