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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SILVERMAN SCOTT R
2. Issuer Name and Ticker or Trading Symbol

DIGITAL ANGEL CORP [ DIGAD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Executive Officer
(Last)          (First)          (Middle)

220 CONGRESS PARK DR., SUITE 200
3. Date of Earliest Transaction (MM/DD/YYYY)

10/22/2013
(Street)

DELRAY BEACH, FL 33445
(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   10/22/2013     C (1)    5462770   A   (1) 5462770   D    
Common Stock   10/22/2013     C (2)    218094   A   (2) 218094   I   By Blue Moon   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Series C Convertible Preferred Stock     (1) 10/22/2013     C         273138.50      (1)   (1) Common Stock   5462770   (4) $0   0   D    
Series C Convertible Preferred Stock     (2) 10/22/2013     C         10904.70      (2)   (2) Common Stock   218094   (4) $0   0   I   By Blue Moon   (3)

Explanation of Responses:
( 1)  The Reporting Person originally owned 273,138.50 of Digital Angel Corporation's Series C Convertible Preferred Stock which automatically converted into 5,462,770 shares of the Issuer's common stock upon the effectiveness of the 30-for-1 reverse stock split on October 22, 2013.
( 2)  The Reporting Person originally owned 10,904.70 of Digital Angel Corporation's Series C Convertible Preferred Stock which automatically converted into 218,094 shares of the Issuer's common stock upon the effectiveness of the 30-for-1 reverse stock split on October 22, 2013.
( 3)  These shares are owned directly by Blue Moon Energy Partners, LLC ("Blue Moon"), of which the reporting person is a manager and controlling person of R&R Consulting Partners, LLC which is a member with a 50% interest in Blue Moon. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
( 4)  Reflects 30-for-1 reverse stock split which became effective on October 22, 2013.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SILVERMAN SCOTT R
220 CONGRESS PARK DR.
SUITE 200
DELRAY BEACH, FL 33445
X X Chief Executive Officer

Signatures
/s/ Lorraine M. Breece, Attorney-in-fact 10/23/2013
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
VeriTeQ (CE) (USOTC:VTEQ)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more VeriTeQ (CE) Charts.
VeriTeQ (CE) (USOTC:VTEQ)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more VeriTeQ (CE) Charts.