0001144204-15-015583.txt : 20150312 0001144204-15-015583.hdr.sgml : 20150312 20150312125638 ACCESSION NUMBER: 0001144204-15-015583 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140213 FILED AS OF DATE: 20150312 DATE AS OF CHANGE: 20150312 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: 15695239 MAIL ADDRESS: STREET 1: C/O WALKER DIGITAL, LLC STREET 2: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: JSW Investments, LLC CENTRAL INDEX KEY: 0001587534 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 15695240 BUSINESS ADDRESS: STREET 1: C/O GLOBALOPTIONS GROUP, INC. STREET 2: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 BUSINESS PHONE: 203-461-7200 MAIL ADDRESS: STREET 1: C/O GLOBALOPTIONS GROUP, INC. STREET 2: TWO HIGH RIDGE PARK CITY: STAMFORD STATE: CT ZIP: 06905 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WALKER DIGITAL, LLC CENTRAL INDEX KEY: 0001584129 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 15695241 BUSINESS ADDRESS: BUSINESS PHONE: 203-461-7353 MAIL ADDRESS: STREET 1: 1177 HIGH RIDGE ROAD CITY: STAMFORD STATE: CT ZIP: 06905 4 1 v404332_4.xml OWNERSHIP DOCUMENT X0306 4 2014-02-13 0 0001294649 Patent Properties, Inc. PPRO 0001584129 WALKER DIGITAL, LLC TWO HIGH RIDGE PARK STAMFORD CT 06905 0 0 1 0 0001587534 JSW Investments, LLC TWO HIGH RIDGE PARK STAMFORD CT 06905 0 0 1 0 0001083763 WALKER JAY S TWO HIGH RIDGE PARK STAMFORD CT 06905 0 0 1 0 Common Stock 2014-02-13 4 S 0 5000000 3.00 D 2667667 D Common Stock 2014-02-13 4 S 0 5000000 3.00 D 2667667 I JSW Investments, LLC Common Stock 2014-02-13 4 S 0 5000000 3.00 D 2667667 I Jay S. Walker Common Stock 2014-04-04 4 J 0 309167 3.00 D 2358500 D Common Stock 2014-04-04 4 J 0 309167 3.00 D 2358500 I JSW Investments, LLC Common Stock 2014-04-04 4 J 0 309167 3.00 D 2358500 I Jay S. Walker Series B Convertible Preferred Stock 0 Common Stock 14999000 14999000 D Series B Convertible Preferred Stock 0 Common Stock 14999000 14999000 I JSW Investments, LLC Series B Convertible Preferred Stock 0 Common Stock 14999000 14999000 I Jay S. Walker On February 11, 2014, we announced that Patent Properties entered into a Registration Rights Agreement dated as of February 10, 2014 in connection with the sale by Walker Digital. LLC of an aggregate of 5 million shares of common stock at $3.00 per share to a group of accredited investors. By Walker Digital, LLC. On April 4, 2014, Walker Digital transferred 309,167 shares of the Issuer's outstanding shares of Common Stock to Mr. Gary Greene in a private transaction in connection with the settlement of certain employment related matters. No cash consideration was received or paid in such transfer. 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/ Walker Digital, LLC, Jay S. Walker, Authorized Person 2015-03-12 /s/ JSW Investments, LLC, Jay S. Walker, Sole Member 2015-03-12 /s/ Jay S. Walker 2015-03-12