Feinberg Jeff Form 4 Marathon Patent / JEFF FEINBERG ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

FEINBERG JEFF

(Last) (First) (Middle)

20,600 NORTHRIDGE ROAD

(Street)

CHATSWORTH CA 91311

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Marathon Patent Group, Inc. [ MARA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
04/03/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $0.0001 par value per share	04/03/2017		S		29,726	D	$0.922(2)	2,638,558	I	See FN(1)
Common Stock, $0.0001 par value per share	04/05/2017		S		1,178	A	$0.93(3)	2,637,380	I	See FN(1)
Common Stock, $0.0001 par value per share	04/10/2017		S		24,100	A	$0.8527(4)	2,613,280	I	See FN(1)
Common Stock, $0.0001 par value per share	04/13/2017		S		16,183	A	$0.85(5)	2,597,097	I	See FN(1)
Common Stock, $0.0001 par value per share	04/19/2017		S		15,800	A	$0.5699(6)	2,581,297	I	See FN(1)
Common Stock, $0.0001 par value per share	05/16/2017		S		51,962	A	$0.3086(7)	2,529,335	I	See FN(1)
Common Stock, $0.0001 par value per share	05/19/2017		S		180,533	A	$0.2706(8)	2,348,802	I	See FN(1)
Common Stock, $0.0001 par value per share	05/22/2017		S		100,000	A	$0.1725(9)	2,248,802	I	See FN(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. Shares held by the Jeffrey L. Feinberg Personal Trust (the "Trust"). The reporting person is the trustee and a beneficiary of the Trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.89 to $1.02 per share. The reporting person undertakes to provide Marathon Patent Group, Inc., any security holder of Marathon Patent Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the range set forth for each transaction reported herein.

3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.89 to $0.98 per share.

4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.81 to $1.02 per share.

5. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.82 to $0.86 per share.

6. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.52 to $0.663.

7. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.283 to $0.36.

8. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.2481 to $0.39.

9. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.1623 to $0.295.

	/s/ Jeffrey L. Feinberg	05/23/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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