Sec Form 4 Filing - Pet Zone Products Ltd. @ OURPETS CO - 2017-10-11

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
Pet Zone Products Ltd.
2. Issuer Name and Ticker or Trading Symbol
OURPETS CO [ OPCO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1801 EAST STREET, SUITE 1700
3. Date of Earliest Transaction (MM/DD/YY)
10/11/2017
(Street)
CLEVELAND, OH44114
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 3,082,000 ( 3 ) D
Common Stock 10/11/2017 H 101,497 ( 1 ) A $ 1.9 3,183,497 D
Common Stock 10/11/2017 F 26,314 ( 4 ) D $ 1.9 3,157,183 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
Common Stock Purchase Warrant $ 0.5 11/08/2012 11/08/2017 Common Stock 100,000 0 D
Common Stock Purchase Warrant $ 0.6 01/03/2006 01/03/2013( 2 ) Common Stock 2,729,000 0 D
Common Stock Purchase Warrant $ 0.335 01/03/2006 01/03/2013( 2 ) Common Stock 125,000 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pet Zone Products Ltd.
1801 EAST STREET
SUITE 1700
CLEVELAND, OH44114
X
Signatures
/s/ Pet Zone Products Ltd. by Charlie MacMillan, Secretary 10/13/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These common stock purchase warrants were issued to Pet Zone Products Ltd. in consideration of a $100,000 loan from Pet Zone Products Ltd. to OurPet's Company. Subsequently as of 11-1-16, these warrants were increased to 101,497 due to anti-dilution provisions.
( 2 )These common stock purchase warrants were amended to extend the expiration date to January 3, 2013.
( 3 )These shares were acquired as part of the remuneration Pet Zone Products Ltd. received from the sale of their assets to OurPet's Company on 1-3-2006. Their value was established at $1,052,040 or $.3413/share.
( 4 )These shares were disposed of in connection with the cashless exercise of 101,497 warrants acquired 11-8-12.

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