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*
(Street)
| 2. Issuer Name and Ticker or Trading Symbol Kallo Inc. [ KALO ] | 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
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3. Date of Earliest Transaction (Month/Day/Year) 05/26/2017 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed (Month/Day/Year) 01/04/2018 | 6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 05/26/2017 | A | 16,000,000 | A | $0 | 1,196,364,472(1) | D | |||
Common Stock | 07/20/2017 | D | 16,000,000(2) | D | $0 | 1,180,364,472(1) | D | |||
Common stock | 07/20/2017 | A | 16,000,000(2) | A | $0 | 1,196,364,472(1) | I | Spouse's shares. | ||
Common Stock | 12/27/2017 | A | 17,973,333 | A | $95,840 | 17,967,274(1)(3)(4) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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. An amendment to the Form 3 (originally filed on February 20, 2015) was filed on February 11, 2019. The amendment to the Form 3, changed the total ownership of the reporting shareholder. The amendment filed on February 11 2019 updated the ownership and corrected an acquisition. An amendment to the Form 4 (originally filed on August 3, 2016) was filed on February 12, 2019. The amendment to the Form 4 filed on February 12, 2019 updated ownership totals and corrected an acquisition. An amendment to the Form 4 (originally filed on August 4, 2016) was filed on February 12, 2019. This amendment to the Form 4 updates ownership totals. These three amendments have corrected the total ownership of the reporting shareholder. |
2. Shares of common stock transferred to spouse. |
3. On April 18, 2017, the Board of Directors approved a reverse-stock-split of the authorized and outstanding shares of common stock on a 1-for-600 basis. FINRA approved the reverse-stock-split in December 2017. The share data has been updated to effect the reverse-stock-split as presented herein. |
4. FINRA had not approved the reverse-stock-split as at September 2017, the reporting shareholder's shares were reduced, when the reverse-stock-split became effective additional post-reverse-stock-split shares were issued to make the reporting shareholder whole, again. |
RAJNI KASSETT | 02/12/2019 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |