0001415889-13-001118.txt : 20130607
0001415889-13-001118.hdr.sgml : 20130607
20130607170758
ACCESSION NUMBER: 0001415889-13-001118
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130531
FILED AS OF DATE: 20130607
DATE AS OF CHANGE: 20130607
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SPHERIX INC
CENTRAL INDEX KEY: 0000012239
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-TESTING LABORATORIES [8734]
IRS NUMBER: 520849320
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6430 ROCKLEDGE DRIVE, #503
CITY: BETHESDA
STATE: MD
ZIP: 20817
BUSINESS PHONE: 301-897-2540
MAIL ADDRESS:
STREET 1: 6430 ROCKLEDGE DRIVE, #503
CITY: BETHESDA
STATE: MD
ZIP: 20817
FORMER COMPANY:
FORMER CONFORMED NAME: BIOSPHERICS INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: BIOSPHERICS RESEARCH INC
DATE OF NAME CHANGE: 19720404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kesner Harvey J
CENTRAL INDEX KEY: 0001371074
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-05576
FILM NUMBER: 13901400
MAIL ADDRESS:
STREET 1: 65 E. 55TH STREET
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
form4-06072013_090649.xml
X0306
4
2013-05-31
0000012239
SPHERIX INC
SPEX
0001371074
Kesner Harvey J
7927 JONES BRANCH DRIVE
SUITE 3125
TYSONS CORNER
VA
22102
true
true
false
false
INTERIM CEO
Common Stock
2013-05-31
4
S
0
110000
D
29795
I
See Explanatory Note
The purchase price is equal to the fair market value of the shares of common stock on May 31, 2013 as determined pursuant to a written valuation report prepared by an independent financial advisory firm. An initial payment of $50,000 was made pending receipt of the final valuation report.
Includes (i) 9,391 shares of common stock, (ii) warrants to purchase 9,391 shares of common stock exercisable within 60 days and (iii) 10,000 shares of restricted common stock held by Paradox Capital Partners LLC ("Paradox"). Includes options to purchase 1,013 shares of common stock exercisable within 60 days held by Mr. Kesner. Excludes 110,000 shares of restricted common stock held by U.S. Commonwealth Life A.I. ("USL") of which The Four Camps 2013 Trust is beneficiary. Mr. Kesner is the sole manager and member of Paradox and in such capacity has voting and dispositive power over shares held by Paradox. Mr. Kesner exercises no investment or voting power and disclaims beneficial ownership of the shares held by USL.
/s/ Harvey J. Kesner
2013-06-07