Sec Form 4 Filing - Katsaros Sergios @ HCi Viocare - 2016-03-01

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Katsaros Sergios
2. Issuer Name and Ticker or Trading Symbol
HCi Viocare [ VICA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President
(Last) (First) (Middle)
KEHAGIA STR 8.
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2016
(Street)
FILOTHEI, J315237
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 10/04/2016 A 100,000 ( 1 ) A $ 0.845 200,000 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Stock Award ( 2 ) 09/01/2016 J 100,000 ( 1 ) ( 2 ) ( 2 ) Common Stock 100,000 ( 2 ) 100,000 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Katsaros Sergios
KEHAGIA STR 8.
FILOTHEI, J315237
Vice President
Signatures
/s/Sergios Katsaros 10/28/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On September 1, 2016, HCi Viocare (the "Issuer") approved the issuance of 200,000 common shares as compensation for services provided by the Reporting Person in the form of fully vested stock awards. The price is the closing bid of the stock on the date of the Grant Notice of March 1, 2016. The shares were issued on October 4, 2016.
( 2 )On March 1, 2016 (the "Grant Date"), the Issuer approved the grant of a stock award of 300,000 common shares as compensation for services provided by the Reporting Person. The awards vest as to 100,000 common shares on Grant Date; 100,000 common shares on the 6 month anniversary of Grant Date; and 100,000 common shares on the 12 month anniversary of Grant Date. The price is the closing bid of the Issuer's stock on the Grant 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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