|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
| ||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants (right to buy) | $ 0.625 | 02/07/2014 | J(3) | 1,068,477 | 02/07/2014 | 02/07/2019 | Common Stock | 1,068,477 | $ 0 | 1,068,477 | I | By Paulson Investment Company, Inc. (1) | |||
Warrants (right to buy) | $ 0.625 | 02/07/2014 | 02/07/2019 | Common Stock | 3,872,434 | 3,872,434 | I | By Paulson Cardax Investments 1, LLC (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PAULSON CAPITAL (DELAWARE) CORP. 1331 NW LOVEJOY STREET, SUITE 720 PORTLAND, OR 97209 |
X | |||
PAULSON INVESTMENT COMPANY, INC. 1331 NW LOVEJOY STREET, SUITE 720 PORTLAND, OR 97209 |
X | |||
Paulson Cardax Investments 1 LLC 1331 NW LOVEJOY STREET, SUITE 720 PORTLAND, OR 97209 |
X |
/s/ Paulson Capital (Delaware) Corp. | 05/09/2014 | |
**Signature of Reporting Person | Date | |
/s/ Paulson Investment Company, Inc. | 05/09/2014 | |
**Signature of Reporting Person | Date | |
/s/ Paulson Cardax Investments 1, LLC | 05/09/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Paulson Investment Company, Inc. is a majority owned subsidiary of Paulson Capital (Delaware) Corp. Chester L.F. and Jacqueline M. Paulson (together the "Paulsons") are the managing partners of the Paulson Family LLC, which may be deemed to control Paulson Capital (Delaware) Corp. The Paulsons and Paulson Capital (Delaware) Corp. may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the shares and warrants owned directly by Paulson Investment Company, Inc. The Paulsons and Paulson Capital (Delaware) Corp. disclaim beneficial ownership of such shares except to the extent of their pecuniary interest therein. |
(2) | Paulson Investment Company, Inc. is the managing member of Paulson Cardax Investments 1, LLC and holds voting and investment control over the shares and warrants held by Paulson Cardax Investments 1, LLC. Paulson Investment Company, Inc. is a majority owned subsidiary of Paulson Capital (Delaware) Corp. The Paulsons are the managing partners of the Paulson Family LLC, which may be deemed to control Paulson Capital (Delaware) Corp. The Paulsons, Paulson Capital (Delaware) Corp. and Paulson Investment Company, Inc. may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the shares and warrants owned directly by Paulson Cardax Investments 1, LLC. The Paulsons and Paulson Capital (Delaware) Corp. disclaim beneficial ownership of such shares and warrants except to the extent of their pecuniary interest therein. |
(3) | Warrants acquired in connection with Paulson Investment Company, Inc.'s services as a sub-placement agent for a private placement of the issuer's securities. |