Selectis Health (GBCS) Form 4 GLOBAL HEALTHCARE REIT / STEVEN MARK BATHGATE 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^*

BATHGATE STEVEN MARK

(Last) (First) (Middle)

5350 S ROSLYN

SUITE 380

(Street)

ENGLEWOOD CO 80111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBAL HEALTHCARE REIT, INC. [ GBCS ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2016

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	01/14/2016		A		45,455	A	(1)	103,788	D
Common Stock								748,154	I	Steven M. Bathgate IRA
Common Stock								25,000	I	spouse of reporting person is 50% owner of Viva CO, LLC
Common Stock								53,000	I	by spouse

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
Warrants	$0.5							02/07/2012	02/07/2017	Common Stock	50,000		90,000	D
Warrants	$0.75							02/07/2012	02/07/2017	Common Stock	150,000		150,000	D
Warrants	$0.75							09/23/2013	09/23/2018	Common Stock	34,000		34,000	I	GVC Partners(2)
Warrants	$0.75							04/15/2014	03/14/2019	Common Stock	137,404		137,404	D
Warrants	$0.75							04/15/2014	03/14/2019	Common Stock	176,334		176,334	I	GVC Partners(2)

Explanation of Responses:

1. Shares acquired in exchange for services as a Director valued at $0.66 per share.

2. Warrants owned by GVC Partners LLC - filer is a Managing Member but disclaims beneficial ownership for purposes of Section 16 of the Exchange Act.

	/s/ Steven M. Bathgate	01/15/2016
	** 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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