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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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 40,350 | 40,350 (1) | I | By Chase Greenberg 2003 Irrevocable Trust | |||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 40,350 | 40,350 (1) | I | By Harrison Greenberg 2003 Irrevocable Trust | |||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 40,350 | 40,350 (1) | I | By MacKenna Greenberg 2003 Irrevocable Trust | |||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 10,950 | 10,950 (1) | I | By Chase Greenberg 2004 Irrevocable Trust | |||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 10,950 | 10,950 (1) | I | By Harrison Greenberg 2004 Irrevocable Trust | |||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 10,950 | 10,950 (1) | I | By MacKenna Greenberg 2004 Irrevocable Trust | |||||||
Class B Common Stock (2) | (3) | (3) | (3) | Class A Common Stock | 867,123 | 867,123 (4) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GREENBERG MICHAEL 228 MANHATTAN BEACH BLVD. MANHATTAN BEACH, CA 90266 |
X | President |
Michael Greenberg | 04/01/2016 | |
**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) | The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purposes. |
(2) | Holders of Class A Common Stock and Class B Common Stock generally have identical rights, except that holders of Class A Common Stock are entitled to one vote per share while holders of Class B Common Stock are entitled to ten votes per share on matters to be voted on by shareholders. |
(3) | Shares of Class B Common Stock are convertible into Class A Common Stock on a one-for-one basis for no additional consideration at any time, with no expiration date, upon voluntary conversion by the holder of such shares or immediately prior to any sale or transfer of such shares with certain exceptions. |
(4) | Shares were transferred (289,041 shares on February 5, 2016 and 578,082 shares on February 10, 2016) to the Michael Greenberg Trust, of which Michael Greenberg is sole beneficiary and trustee, and therefore Mr. Greenberg continues to be deemed to own the securities directly. |