0001140361-16-091204.txt : 20161230 0001140361-16-091204.hdr.sgml : 20161230 20161230160322 ACCESSION NUMBER: 0001140361-16-091204 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161220 FILED AS OF DATE: 20161230 DATE AS OF CHANGE: 20161230 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: usell.com, Inc. CENTRAL INDEX KEY: 0001271075 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200] IRS NUMBER: 980412432 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 171 MADISON AVE. STREET 2: 17 FL., CITY: NEW YORK STATE: NY ZIP: 10016 BUSINESS PHONE: (212) 213-6805 MAIL ADDRESS: STREET 1: 171 MADISON AVE. STREET 2: 17 FL., CITY: NEW YORK STATE: NY ZIP: 10016 FORMER COMPANY: FORMER CONFORMED NAME: Upstream Worldwide, Inc. DATE OF NAME CHANGE: 20100621 FORMER COMPANY: FORMER CONFORMED NAME: MONEY4GOLD HOLDINGS INC DATE OF NAME CHANGE: 20080729 FORMER COMPANY: FORMER CONFORMED NAME: EFFECTIVE PROFITABLE SOFTWARE, INC. DATE OF NAME CHANGE: 20050607 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PITON CAPITAL PARTNERS LLC CENTRAL INDEX KEY: 0001644342 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 000-50494 FILM NUMBER: 162077610 BUSINESS ADDRESS: STREET 1: C/O KOKINO LLC STREET 2: 201 TRESSER BOULEVARD, 3RD FLOOR CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: (405) 936-6220 MAIL ADDRESS: STREET 1: C/O NORTH BAY ASSOCIATES STREET 2: 14000 QUAIL SPRINGS PARKWAY, SUITE 2200 CITY: OKLAHOMA CITY STATE: OK ZIP: 73134 3 1 doc1.xml FORM 3 X0206 3 2016-12-20 0 0001271075 usell.com, Inc. USEL 0001644342 PITON CAPITAL PARTNERS LLC C/O KOKINO LLC 201 TRESSER BOULEVARD, 3RD FLOOR STAMFORD CT 06901 0 0 1 0 Common Stock 1000000 D Stock Options (Right to Buy) 1 2016-12-20 2021-12-20 Common Stock 1000000 D Piton Capital Partners LLC also reports beneficial ownership pursuant to Rule 13d-1 of the Securities Exchange Act of 1934, as amended, pursuant to a Schedule 13D filed jointly by Leslie J. Schreyer, as Trustee under Trust Agreement dated December 23, 1989 FBO the issue of Jonathan D. Sackler, M3C Holdings LLC, Robert Averick and Piton Capital Partners LLC, with the Issuer on December 30, 2016. Represents shares of common stock held by Piton Capital Partners LLC. Piton Capital Partners LLC is a Delaware limited liability company and investment entity that is a family client of Kokino LLC. Represents the aggregate shares of common stock that Piton Capital Partners LLC has the right to purchase under the stock options. /s/ Stephen A. Ives, Vice President of Kokino LLC, managing member of Piton Capital Management LLC, managing member of Piton Capital Partners LLC 2016-12-30