0001144204-15-064713.txt : 20151112
0001144204-15-064713.hdr.sgml : 20151112
20151112161546
ACCESSION NUMBER: 0001144204-15-064713
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150813
FILED AS OF DATE: 20151112
DATE AS OF CHANGE: 20151112
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MAGNEGAS CORP
CENTRAL INDEX KEY: 0001353487
STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY, NEC [3559]
IRS NUMBER: 260250418
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 RAINVILLE ROAD
CITY: TARPON SPRINGS
STATE: FL
ZIP: 34689
BUSINESS PHONE: (727) 932-9593
MAIL ADDRESS:
STREET 1: 35246 US 19 #311
CITY: PALM HARBOR
STATE: FL
ZIP: 34684
FORMER COMPANY:
FORMER CONFORMED NAME: 4307 Inc
DATE OF NAME CHANGE: 20060215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Santilli Carla
CENTRAL INDEX KEY: 0001448450
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35586
FILM NUMBER: 151225002
MAIL ADDRESS:
STREET 1: 90 EASTWINDS CT.
CITY: PALM HARBOR
STATE: FL
ZIP: 34683
4
1
v424442_4.xml
OWNERSHIP DOCUMENT
X0306
4
2015-08-13
0
0001353487
MAGNEGAS CORP
MNGA
0001448450
Santilli Carla
150 RAINVILLE ROAD
TARPON SPRINGS
FL
34689
1
0
1
0
Common stock, par value $0.001 per share
2015-08-13
4
S
0
20000
0.98
D
4843673
D
Common stock, par value $0.001 per share
2015-08-17
4
S
0
20000
1.01
D
4823673
D
Common stock, par value $0.001 per share
2015-08-18
4
S
0
10000
1.04
D
4813673
D
Common stock, par value $0.001 per share
2015-08-19
4
S
0
10000
1.08
D
4803673
D
Common stock, par value $0.001 per share
2015-08-21
4
S
0
8852
1.06
D
4794821
D
Common stock, par value $0.001 per share
2015-08-24
4
S
0
20000
0.98
D
4774821
D
Common stock, par value $0.001 per share
2015-08-26
4
S
0
10000
0.99
D
4764821
D
Common stock, par value $0.001 per share
2015-08-28
4
S
0
20000
0.97
D
4744821
D
Common stock, par value $0.001 per share
2015-08-31
4
S
0
10000
0.97
D
4734821
D
Common stock, par value $0.001 per share
2015-09-01
4
S
0
6891
0.95
D
4727930
D
Common stock, par value $0.001 per share
2015-10-09
4
S
0
10000
1.11
D
4717930
D
Common stock, par value $0.001 per share
2015-10-12
4
S
0
10000
1.10
D
4707930
D
Common stock, par value $0.001 per share
2015-10-13
4
S
0
30000
1.11
D
4677930
D
Common stock, par value $0.001 per share
2015-10-14
4
S
0
10000
1.09
D
4667930
D
Common stock, par value $0.001 per share
2015-10-15
4
S
0
40000
1.14
D
4627930
D
Common stock, par value $0.001 per share
2015-10-16
4
S
0
41500
1.21
D
4586430
D
Common stock, par value $0.001 per share
2015-10-19
4
S
0
48905
1.28
D
4537525
D
Common stock, par value $0.001 per share
2015-10-20
4
S
0
50000
1.30
D
4487525
D
Common stock, par value $0.001 per share
2015-10-21
4
S
0
50000
1.36
D
4437525
D
Common stock, par value $0.001 per share
2015-10-22
4
S
0
29595
1.37
D
4407930
D
Common stock, par value $0.001 per share
2015-10-23
4
S
0
40000
1.24
D
4367900
D
The reporting person is hereby disclosing a delinquent Form 4. Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli (the reporting person's spouse) sold all of the shares of common stock reported in this Form 4 pursuant to a Rule 10b5-1 trading plan.
This Form 4 also corrects an error in the Form 4 filed by the reporting person on March 30, 2015. The March 30 Form 4 reported that, as of December 31, 2014, Global Beta, LLC owned 1,626,000 shares. This was incorrect. As of December 31, 2014, Global Beta owned: (a) 1,626,000 restricted shares; and (b) 289,879 free trading shares held in a brokerage account. During 2015, the reporting person sold all 289,879 of these free trading shares pursuant to a Rule 10b5-1 trading plan, and, in addition, had the restrictive legend removed from 1,080,000 restricted shares via Rule 144 opinions, deposited these shares in Global Beta's brokerage account, and sold all of these shares pursuant to a Rule 10b5-1 trading plan. The 1,369,879 shares sold by the reporting person in 2015 have now all been reported in the calendar year 2015 Form 4s filed by the reporting person.
As of November 12, 2015, the reporting person owns a total of 4,367,900 shares: (a) 2,307,829 shares held by Global Alpha, LLC, a privately owned company which is 50% owned by each of the reporting person and the reporting person's spouse, Ruggero Santilli; (b) 546,000 restricted shares held by Global Beta, LLC, a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli; (c) 313,000 shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (d) 270,000 shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; . (e) 10,000 shares held in Ruggero Santilli's own name; (f) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (f) 96,071 shares held in the name of the reporting person; and (g) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable.
/s/ Carla Santilli
2015-11-12