WALKER JAY S 2. Issuer Name and Ticker or Trading Symbol
Patent Properties, Inc. [ PPRO ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
__ X __ Director __ X __ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
Executive Chairman
(Last) (First) (Middle)
PATENT PROPERTIES, TWO HIGH RIDGE PARK 3. Date of Earliest Transaction (MM/DD/YYYY)
5/5/2015
(Street)
STAMFORD, CT 06905
(City) (State) (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 2358500 I Walker Digital, LLC (4)
Common Stock 5/5/2015 P (1) 5440 A $2.0731 (2) (3) 89200 D
Common Stock 5/6/2015 P (1) 5440 A $1.90 94640 D
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All posts are strictly my opinion and are not buy or sell recommendations.
