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