0001144204-16-141737.txt : 20161229
0001144204-16-141737.hdr.sgml : 20161229
20161229161546
ACCESSION NUMBER: 0001144204-16-141737
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161025
FILED AS OF DATE: 20161229
DATE AS OF CHANGE: 20161229
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: 162075366
MAIL ADDRESS:
STREET 1: 90 EASTWINDS CT.
CITY: PALM HARBOR
STATE: FL
ZIP: 34683
4
1
v455956_4.xml
OWNERSHIP DOCUMENT
X0306
4
2016-10-25
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
2016-10-25
4
S
0
4300
0.82
D
3325037
I
See Footnote
Common stock, par value $0.001 per share
2016-12-27
4
S
0
100
0.47
D
3324937
I
See Footnote
Common stock, par value $0.001 per share
2016-12-28
4
S
0
10589
0.47
D
3314348
I
See Footnote
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 December 28, 2016, the reporting person owned a total of 3,314,348 shares: (a) 1,636,719 restricted shares held by Global Alpha; (b) 34,000 restricted shares held by Global Beta; (c) 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) 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
2016-12-29