0001144204-16-129257.txt : 20161024 0001144204-16-129257.hdr.sgml : 20161024 20161024211602 ACCESSION NUMBER: 0001144204-16-129257 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20161020 FILED AS OF DATE: 20161024 DATE AS OF CHANGE: 20161024 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: 161949135 MAIL ADDRESS: STREET 1: 90 EASTWINDS CT. CITY: PALM HARBOR STATE: FL ZIP: 34683 4 1 v451109_4.xml OWNERSHIP DOCUMENT X0306 4 2016-10-20 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 2016-10-20 4 S 0 12011 0.7829 D 3394337 D Common Stock, par value $0.001 per share 2016-10-21 4 S 0 25000 0.7916 D 3369337 D Global Beta, LLC ("Global Beta"), 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 of the issuer reported in this Form 4 pursuant to a Rule 10b5-1 trading plan. Global Alpha, LLC ("Global Alpha") is also a privately owned company which is 50% owned by each of the reporting person and Ruggero Santilli and it also owns shares of the issuer. As of 5:00 PM Eastern Time on October 21, 2016, the reporting person owned a total of 3,369,337 shares: (a) 1,636,719 restricted shares held by Global Alpha; (b) 34,000 restricted shares held by Global Beta; (c) 92,526 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) 188,092 shares (168,341 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 2016-10-24