0001144204-16-123791.txt : 20160913 0001144204-16-123791.hdr.sgml : 20160913 20160913195341 ACCESSION NUMBER: 0001144204-16-123791 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160913 FILED AS OF DATE: 20160913 DATE AS OF CHANGE: 20160913 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: 161883930 MAIL ADDRESS: STREET 1: 90 EASTWINDS CT. CITY: PALM HARBOR STATE: FL ZIP: 34683 4 1 v448778_4.xml OWNERSHIP DOCUMENT X0306 4 2016-09-13 0 0001353487 MAGNEGAS CORP MNGA 0001448450 Santilli Carla 11885 44TH STREET NORTH CLEARWATER FL 33762 1 0 0 0 Common Stock, par value $0.001 per share 2016-09-13 4 A 0 129032 0.62 A 3659458 D Acquired pursuant to an award under the MagneGas Corporation Amended and Restated 2014 Equity Incentive Award Plan (the "Amended 2014 Plan") for her services rendered as a member of the Issuer's Board of Directors (the "Board") for the period of May 15, 2015 through May 14, 2016. The Board approved the award on August 4, 2016 pursuant to Sections 9.6 and 12.1 of the Amended 2014 Plan. Pursuant to Section 9.6, the cost basis of these shares is based on the closing sales price quoted on the NASDAQ Capital Market on the 15th of the month following the date of the Board's resolutions. While the shares are being issued by the Issuer's transfer agent on September 13, 2016, the cost basis is the August 15, 2016 $0.62 closing price. As of 5:00 PM Eastern Time on September 13, 2016, the reporting person owned a total of 3,659,458 shares: (a) 1,636,719 restricted shares held by Global Alpha; (b) 186,000 restricted shares held by Global Beta; (c) 193,636 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 restricted shares held by Clean Energies Tech Co., a private company which is 50% owned by Ruggero Santilli; (e) 270,000 restricted shares held by the RM Santilli Foundation, a foundation which is 50% owned by the reporting person; (f) 10,000 restricted 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) 225,103 shares (205,352 free-trading and 19,751 restricted) held in the name of the reporting person; and (i) 300,000 shares of common stock underlying options held by the reporting person that are presently exercisable. /s/ Carla Santilli 2016-09-13