Walker Innovation Inc fka WLKR

[db7]

Jay buying as high as 2.17 thus far, form 4 just out:




1. Name and Address of Reporting Person *

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)


4/27/2015


(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 (5)
Common Stock 4/27/2015 P (1) 6080 A $2.1653 (2) (3) 65360 D

Common Stock 4/28/2015 P (1) 1120 A $2.1279 (2) (4) 66480 D