0001144204-16-076528.txt : 20160121
0001144204-16-076528.hdr.sgml : 20160121
20160121173525
ACCESSION NUMBER: 0001144204-16-076528
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160119
FILED AS OF DATE: 20160121
DATE AS OF CHANGE: 20160121
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: 161354276
MAIL ADDRESS:
STREET 1: 90 EASTWINDS CT.
CITY: PALM HARBOR
STATE: FL
ZIP: 34683
4
1
v429453_4.xml
OWNERSHIP DOCUMENT
X0306
4
2016-01-19
0
0001353487
MAGNEGAS CORP
MNGA
0001448450
Santilli Carla
150 RAINVILLE ROAD
TARPON SPRINGS
FL
34689
1
0
0
0
Common stock, par value $0.001 per share
2016-01-19
4
S
0
25000
1.25
D
4137900
D
Common stock, par value $0.001 per share
2016-01-20
4
S
0
10115
1.17
D
4127785
D
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.
As of 5:00 PM Eastern Time on January 20, 2016, the reporting person owns a total of 4,127,785 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) 186,000 restricted shares held by Global Beta; (c) 119,885 free-trading shares held by Global Beta in its brokerage account whose shares are sold pursuant to a Rule 10b5-1 trading plan; (d) 313,000 shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (e) 270,000 shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (f) 10,000 shares held in Ruggero Santilli's own name; (g) 525,000 shares of common stock underlying options held by Ruggero Santilli that are presently exercisable; (h) 96,071 shares held in the name of the reporting person; and
Note 2 continued. (i) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable.
/s/ Carla Santilli
2016-01-21