Jose J. Vargas Form 4 AUTOBYTEL / Jose Vargas Sr 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^*

Vargas Jose Sr

(Last) (First) (Middle)

3250 NE 1ST AVENUE, SUITE 915

(Street)

MIAMI FL 33137

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AUTOBYTEL INC [ ABTL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2015

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

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

	Form filed by One Reporting Person
X	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	04/27/2015		P		186,553	A	$4.65	186,553	I	Held by Auto Holdings Ltd.

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
Series B Preferred Stock - Convertible/non-voting	$0	10/01/2015		J(1)		32,322		10/01/2018(2)	(3)	Common	323,220	$124.9	32,322	I	Held in name of PF Auto, Inc.
Series B Preferred Stock - Convertible/non-voting(1)	$0	10/01/2015		J(1)		773		10/01/2018(2)	(3)	Common	7,730	$124.9	33,095	I	Held in name of Galeb3, Inc.
Warrants	$184.47	10/01/2015		J(1)		28,518		10/01/2018(2)	10/01/2022	Series B Preferred	28,518	$17.15	28,518	I	Held in name of PF Auto, Inc.
Warrants	$184.47	10/01/2015		J(3)		682		10/01/2018(2)	10/01/2022	Series B Preferred	682	$17.15	29,200	I	Held in name of Galeb3, Inc.

1. Name and Address of Reporting Person^*

Vargas Jose Sr

(Last) (First) (Middle)

3250 NE 1ST AVENUE, SUITE 915

(Street)

MIAMI FL 33137

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Galeb3 Inc

(Last) (First) (Middle)

3250 NE 1ST AVENUE, SUITE 915

(Street)

MIAMI FL 33137

(City) (State) (Zip)

Explanation of Responses:

1. Acquisition of acquired entity AutoWeb, Inc. in a stock-for-stock transaction.

2. Earliest date of conversion with shareholder approval but also subject to various terms/conditions which may allow for earlier conversion

3. No expiration date.

	/s/ Jose Vargas	10/05/2015
	Galeb3 Inc. by /s/ Jose Vargas, President	10/05/2015
	** 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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