Sec Form 4 Filing - Sikaria Chanda @ AMERI Holdings, Inc. - 2018-11-16

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
Sikaria Chanda
2. Issuer Name and Ticker or Trading Symbol
AMERI Holdings, Inc. [ AMRH]
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)
1659 MANASCO CIRCLE
3. Date of Earliest Transaction (MM/DD/YY)
11/16/2018
(Street)
FOLSOM, CA95630
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 11/16/2018 S 58 D $ 0.3028 ( 1 ) 2,349,942 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 1,500 D $ 0.3011 ( 1 ) 2,348,442 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 1,515 D $ 0.3006 ( 1 ) 2,346,927 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 14,119 D $ 0.3003 ( 1 ) 2,332,808 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 15,251 D $ 0.3 ( 1 ) 2,317,557 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 200 D $ 0.2951 ( 1 ) 2,317,357 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 6,657 D $ 0.295 ( 1 ) 2,310,700 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 1,850 D $ 0.294 ( 1 ) 2,308,850 I Footnote ( 2 ) ( 3 )
Common Stock 11/16/2018 S 58,850 D $ 0.293 ( 1 ) 2,250,000 I Footnote ( 2 ) ( 3 )
Common Stock 1,650,000 I Footnote ( 4 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sikaria Chanda
1659 MANASCO CIRCLE
FOLSOM, CA95630
X
Signatures
/s/ Chanda Sikaria 11/19/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Lokesh Sikaria Trust Dated 12/14/2012 realized a short-swing profit of $719.35, which it will promptly forfeit to AMERI Holdings, Inc.
( 2 )Chanda Sikaria is one of three trustees of The Lokesh Sikaria Trust Dated 12/14/2012, but Chanda Sikaria is not deemed a beneficial owner of the 2,250,000 shares of common stock held by The Lokesh Sikaria Trust Dated 12/14/2012 as the trustees can only act by majority vote, and no trustee could act individually to vote or sell shares held by The Lokesh Sikaria Trust Dated 12/14/2012.
( 3 )Includes 2,250,000 shares of common stock beneficially owned by The Lokesh Sikaria Trust Dated 12/14/2012 as a member of the group. Chanda Sikaria expressly disclaims beneficial ownership in the shares beneficially owned by The Lokesh Sikaria Trust Dated 12/14/2012.
( 4 )Determined in accordance with Rule 13d-3(d)(1), as a result of their cooperation and acting in concert, The Lokesh Sikaria Trust Dated 12/14/2012 and The Sikaria Family 2008 Revocable Trust Dated 02/28/2008 are deemed to beneficially own, as a group, 3,900,000 shares of the Issuer's common stock. Chanda Sikaria is one of three trustees of The Lokesh Sikaria Trust Dated 12/14/2012, and the trustees can only act by majority vote to vote or sell the shares beneficially owned by The Lokesh Sikaria Trust Dated 12/14/2012. The Lokesh Sikaria Trust Dated 12/14/2012 expressly disclaims beneficial ownership in the shares beneficially owned by The Sikaria Family 2008 Revocable Trust Dated 02/28/2008

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