0001144204-14-011703.txt : 20140226 0001144204-14-011703.hdr.sgml : 20140226 20140226150546 ACCESSION NUMBER: 0001144204-14-011703 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140224 FILED AS OF DATE: 20140226 DATE AS OF CHANGE: 20140226 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: FREELOVE DAVID CENTRAL INDEX KEY: 0001418982 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 14644251 MAIL ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEL MAR MANAGEMENT, LLC CENTRAL INDEX KEY: 0001418981 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 14644252 BUSINESS ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 BUSINESS PHONE: 212 328 7137 MAIL ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEL MAR MASTER FUND, LTD. CENTRAL INDEX KEY: 0001418980 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 14644253 BUSINESS ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 BUSINESS PHONE: 212 328 7137 MAIL ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 FORMER NAME: FORMER CONFORMED NAME: DEL MAR MASTER FUND, LRD. DATE OF NAME CHANGE: 20071119 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Del Mar Asset Management, LP CENTRAL INDEX KEY: 0001350639 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33700 FILM NUMBER: 14644254 BUSINESS ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 BUSINESS PHONE: 212-328-7137 MAIL ADDRESS: STREET 1: ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST STREET 2: SUITE 450 CITY: NEW YORK STATE: NY ZIP: 10165 4 1 v369835_form4.xml OWNERSHIP DOCUMENT X0306 4 2014-02-24 0 0001294649 Patent Properties, Inc. PPRO 0001350639 Del Mar Asset Management, LP ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST SUITE 450 NEW YORK NY 10165 0 0 1 0 0001418980 DEL MAR MASTER FUND, LTD. ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST SUITE 450 NEW YORK NY 10165 0 0 1 0 0001418981 DEL MAR MANAGEMENT, LLC ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST SUITE 450 NEW YORK NY 10165 0 0 1 0 0001418982 FREELOVE DAVID ONE GRAND CENTRAL PLACE, 60 EAST 42ND ST SUITE 450 NEW YORK NY 10165 0 0 1 0 Common Stock, $0.001 par value (the "Common Stock") 2014-02-24 4 P 0 125530 3 A 458863 I See footnote The shares of Common Stock to which this Form 4 relates are held by RockMaple Concetrated Alphs Trust, a Cayman Islands exempt company ("RockMaple"). Mr. David Freelove has sole voting or investment control over shares held by RockMaple. Mr. David Freelove is also the managing member of Del Mar Management, LLC, a Delaware limited liability company (the "GP"). The GP is the general partner of Del Mar Asset Management, LP, a Delaware limited liability company ("DMAM"), and as such, directs DMAM's operations. DMAM serves as the investment manager of Del Mar Master Fund, Ltd., a Cayman Islands exempted company (the "Master Fund"). The shares of Common Stock to which this Form 4 relates does not include the 2,028,900 shares held by the Master Fund. /s/ Del Mar Asset Management, LP; By its general partner Del Mar Management, LLC.; By its managing member David Freelove 2014-02-26 /s/ Del Mar Master Fund, Ltd.; By its investment manager Del Mar Asset Management, LP; By its general partner Del Mar Management, LLC.; By its managing member David Freelove 2014-02-26 /s/ Del Mar Management LLC.; By its managing member David Freelove 2014-02-26 /s/ David Freelove 2014-02-26