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PGSC Progressive Green Solutions Inc (CE)

0.05
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Progressive Green Solutions Inc (CE) USOTC:PGSC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.05 0.00 01:00:00

Statement of Changes in Beneficial Ownership (4)

02/06/2017 12:05am

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

FERNANDEZ EUGENE
2. Issuer Name and Ticker or Trading Symbol

PROGRESSIVE GREEN SOLUTIONS, INC. [ PGSC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP of Business Development
(Last)          (First)          (Middle)

445 COUNTY ROAD 101, SUITE E
3. Date of Earliest Transaction (MM/DD/YYYY)

5/25/2017
(Street)

YAPHANK, NY 11980
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, par value $0.001 per share   5/25/2017     P    912440   (1) A $0.003   10354738   I   See Footnotes   (2) (3) (4) (5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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)  Transaction represents a private purchase of 912,440 shares of common stock of Progressive Green Solutions, Inc. (the "Common Stock") by DGS Holdings LLC.
(2)  The Reporting Person has an indirect beneficial ownership interest in 4,811,820 shares of Common Stock, which are directly beneficially owned by SDG Group Holdings, LLC, over which the Reporting Person holds voting and dispositive control.
(3)  The Reporting Person has an indirect beneficial ownership interest in 1,979,930 shares of Common Stock, which are directly beneficially owned by Thunnus Thynnus Consulting LLC, over which the Reporting Person holds voting and dispositive control.
(4)  The Reporting Person has an indirect beneficial ownership interest in 99,488 shares of Common Stock, which are directly beneficially owned by FLS3 Inc., over which the Reporting Person holds voting and dispositive control.
(5)  The Reporting Person has an indirect beneficial ownership interest in 912,440 shares of Common Stock, which are directly beneficially owned by DGS Holdings LLC, over which the Reporting Person holds voting and dispositive control.

Remarks:
The Reporting Person identified in this statement disclaims beneficial ownership of the securities described in this statement, except to the extent of their individual respective pecuniary interest in such securities. The filing of this statement shall not be deemed an admission that the Reporting Person identified in this statement is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities specified in this statement other than those directly beneficially owned by them.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FERNANDEZ EUGENE
445 COUNTY ROAD 101, SUITE E
YAPHANK, NY 11980
X X VP of Business Development

Signatures
/s/ Eugene Fernandez 6/1/2017
** 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).
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 control number.

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