4//SEC Filing
LICT Corp 4
Accession 0000807249-23-000129
CIK 0001957783operating
Filed
Oct 9, 8:00 PM ET
Accepted
Oct 10, 5:34 PM ET
Size
12.1 KB
Accession
0000807249-23-000129
Insider Transaction Report
Form 4
MachTen, Inc.MACT
GGCP, INC.
10% Owner
Transactions
- Purchase
Common Stock
2023-10-10$5.75/sh+467$2,685→ 227,000 total - Purchase
Common Stock
2023-10-09$5.75/sh+183$1,052→ 226,533 total
Holdings
- 735,750
Common Stock
- 605,980
Common Stock
GABELLI MARIO J
10% Owner
Transactions
- Purchase
Common Stock
2023-10-10$5.75/sh+467$2,685→ 227,000 total - Purchase
Common Stock
2023-10-09$5.75/sh+183$1,052→ 226,533 total
Holdings
- 605,980
Common Stock
- 735,750
Common Stock
GGCP Holdings LLC
10% Owner
Transactions
- Purchase
Common Stock
2023-10-10$5.75/sh+467$2,685→ 227,000 total - Purchase
Common Stock
2023-10-09$5.75/sh+183$1,052→ 226,533 total
Holdings
- 735,750
Common Stock
- 605,980
Common Stock
LICT Corp
10% Owner
Transactions
- Purchase
Common Stock
2023-10-09$5.75/sh+183$1,052→ 226,533 total - Purchase
Common Stock
2023-10-10$5.75/sh+467$2,685→ 227,000 total
Holdings
- 605,980
Common Stock
- 735,750
Common Stock
Footnotes (3)
- [F1]Mr. Gabelli may be deemed to beneficially own shares of common stock of LICT owned by GGCP, Inc. ("GGCP") via GGCP Holdings, LLC ("Holdings"). As a result of the Distribution of MACT shares, Mr. Gabelli obtained indirect beneficial ownership over 226,350 shares of the Issuer's common stock held by GGCP via Holdings on the Distribution Date. 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.
- [F2]Mario J. Gabelli owns shares of common stock of LICT directly and through a trust over which he has sole voting and dispositive power over the shares held therein. As a result of the Distribution of MACT shares, Mr. Gabelli obtained direct beneficial ownership over 735,750 shares of the Issuer's common stock on the Distribution Date.
- [F3]Shares owned directly by LICT. Mr. Gabelli, GGCP, and Holdings may be deemed a "group" with LICT for purposes of Section 13D of the Exchange Act.
Documents
Issuer
MachTen, Inc.
CIK 0001957783
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001088771
Filing Metadata
- Form type
- 4
- Filed
- Oct 9, 8:00 PM ET
- Accepted
- Oct 10, 5:34 PM ET
- Size
- 12.1 KB