Key facts
- This page summarizes LICT Corp's Form 4 filing for MachTen, Inc. (MACT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 05 Sep 2023, 19:55.
LICT Corp - 31 Aug 2023 Form 4 Insider Report for MachTen, Inc. (MACT)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- MACT
- Reported as of
- 31 Aug 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 05 Sep 2023, 19:55:31 UTC
- Prior SEC filing
- 05 Sep 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Douglas R. Jamieson, Attorney-in-fact for Mario J. Gabelli
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
LICT Corp filed Form 4 for MachTen, Inc. (MACT) on 05 Sep 2023.
Change
- Previous filing in this sequence was filed on 05 Sep 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MACT
transaction
Common Stock
Other
- Transaction value
- $0
- Shares
- +4,200
- Change %
- +0.7%
- Price
- $0.000000
- Shares after
- 605,980
- Date
- 31 Aug 2023
- Ownership
- Direct
- Footnotes
- F1
MACT
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 735,750
- Date
- 31 Aug 2023
- Ownership
- Direct
- Footnotes
- F2
MACT
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 226,350
- Date
- 31 Aug 2023
- Ownership
- See Footnote
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
LICT Corporation ("LICT") consummated the spin-off of 81% of the outstanding shares of common stock of MachTen, Inc. (the "Issuer") on August 31, 2023 (the "Distribution Date") by way of a pro rata distribution to the holders of record of its common stock (the "Distribution") as of 5:00 pm New York City time on July 31, 2023 (the "Record Date"). The shares reported herein reflect shares acquired by LICT in the Distribution resulting from open market purchases of LICT common stock with a right to the Distribution subsequent to the Record Date but prior to the Distribution Date.
Footnote F2
Mario J. Gabelli beneficially owns these shares of common stock directly and through a trust over which he has sole voting and dispositive power over the shares held therein.
Footnote F3
Mr. Gabelli may be deemed to beneficially own these shares of common stock, which are owned by GGCP, Inc. ("GGCP") via GGCP Holdings, LLC ("Holdings"). Mr. Gabelli may be deemed to have beneficial ownership of the shares to be held by Holdings on the basis of (i) his position as the Chief Executive Officer, a director and the controlling shareholder of GGCP, which is the manager and the majority member of Holdings, and (ii) a certain profit interest in Holdings. Mr. Gabelli disclaims beneficial ownership of the shares to be owned by Holdings except to the extent of his pecuniary interest therein.
SEC remarks
Mr. Gabelli, GGCP and Holdings may be deemed a "group" with LICT for purposes of Section 13D of the Exchange Act.