Sec Form 4 Filing - Natsis Tryfon @ EUROSITE POWER INC. - 2016-09-30

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
Natsis Tryfon
2. Issuer Name and Ticker or Trading Symbol
EUROSITE POWER INC. [ EUSP]
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)
36 CHEMIN DU MILIEU, COLLONGE-BELLERIVE
3. Date of Earliest Transaction (MM/DD/YY)
09/30/2016
(Street)
GENEVA, V81245
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 09/30/2016 J( 1 ) 9,700,000 A 29,071,297 D ( 2 )
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 (right to buy) $ 0.6 09/30/2016 J( 3 ) 1,020,000 01/29/2016 10/03/2017 Common Stock 1,020,000 ( 3 ) 0 D ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Natsis Tryfon
36 CHEMIN DU MILIEU, COLLONGE-BELLERIVE
GENEVA, V81245
X
Pantopoulou Despoina
36 CHEMIN DU MILIEU, COLLONGE-BELLERIVE
GENEVA, V81245
X
Signatures
/s/ Tryfon Natsis 10/24/2016
Signature of Reporting Person Date
/s/ Despoina Pantopoulou 10/24/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Reporting Persons acquired 9,700,000 shares of common stock of the Issuer from American DG Energy Inc. ("ADGE") in exchange for the cancellation of an aggregate amount of $4,263,737 in principal and prepaid interest of the 6% senior unsecured convertible debenture due 2018 issued to the Reporting Persons by ADGE.
( 2 )The reported securities are jointly owned by Tryfon Natsis and his wife, Despoina Pantopoulou, as joint tenants with the right of survivorship.
( 3 )The Reporting Persons received an aggregate of $2,200,000 from the Issuer in exchange, in part, for the Reporting Persons cancelling and relinquishing warrants they held to purchase an aggregate amount of 1,020,000 shares of common stock of the Issuer from ADGE.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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