Sec Form 4 Filing - Silverman Joshua @ DropCar, Inc. - 2018-02-28

Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security.

Form 4: Statement of changes in beneficial ownership, filed before the end of the 2nd business day following the day on which a transaction resulting in a change in beneficial ownership.

"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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The following is an SEC EDGAR document rendered as filed.
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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 *
Silverman Joshua
2. Issuer Name and Ticker or Trading Symbol
DropCar, Inc. [ DCAR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O PARKFIELD FUNDING LLC, 205 EAST 42ND STREET - 20TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
02/28/2018
(Street)
NEW YORK, NY10017
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 02/28/2018 J( 1 ) 5,109 A $ 0 5,109 ( 2 ) I By JNS Holdings Group LLC
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
Warrants $ 4.72 02/28/2018 J( 1 ) 1,667 01/16/2015 12/06/2024 Common Stock 1,667 $ 0 1,667 I By JNS Holdings Group LLC
Warrants $ 4.32 02/28/2018 J( 1 ) 1,161 01/16/2015 12/12/2024 Common Stock 1,161 $ 0 1,161 I By JNS Holdings Group LLC
Warrants $ 4.68 02/28/2018 J( 1 ) 2,222 01/16/2015 12/07/2024 Common Stock 2,222 $ 0 2,222 I By JNS Holdings Group LLC
Warrants $ 4.36 02/28/2018 J( 1 ) 1,716 01/16/2015 12/08/2024 Common Stock 1,716 $ 0 1,716 I By JNS Holdings Group LLC
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Silverman Joshua
C/O PARKFIELD FUNDING LLC
205 EAST 42ND STREET - 20TH FLOOR
NEW YORK, NY10017
X
Signatures
/s/ Joshua Silverman 03/02/2018
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )Securities received from pro rata distribution in connection with the dissolution of American Capital Management LLC, of which the reporting person was a non-managing member.
( 2 )Mr. Silverman no longer has beneficial ownership of the shares previously reported as indirectly owned on his Form 3.

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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