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