SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KIRK RANDAL J

(Last)

(First)

(Middle)

C/O THIRD SECURITY, LLC

1881 GROVE AVENUE

(Street)

RADFORD

24141

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AquaBounty Technologies, Inc. [ AQB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/11/2020		P		4,000,000	A	$2.5	9,175,000	I	by TS Biotechnology⁽¹⁾
Common Stock								0⁽³⁾	I	by Mascara Kaboom⁽¹⁾
Common Stock								246,403⁽³⁾	I	by R.J. Kirk DOT⁽¹⁾
Common Stock								3,147⁽³⁾	I	by JPK 2008⁽¹⁾
Common Stock								3,162⁽³⁾	I	by MGK 2008⁽¹⁾
Common Stock								2,693⁽³⁾	I	by ZSK 2008⁽¹⁾
Common Stock								18,582⁽³⁾	I	by JPK 2009⁽¹⁾
Common Stock								21,755⁽³⁾	I	by MGK 2009⁽¹⁾
Common Stock								1,953⁽³⁾	I	by ZSK 2009⁽¹⁾
Common Stock								17,606⁽³⁾	I	by MGK 2011⁽¹⁾
Common Stock								15,818⁽³⁾	I	by JPK 2012⁽¹⁾
Common Stock								2,514⁽³⁾	I	by Kellie L. Banks LTT⁽¹⁾
Common Stock								23,589⁽³⁾	I	by Senior Staff 2008⁽¹⁾
Common Stock								23,589⁽³⁾	I	by Staff 2010⁽¹⁾
Common Stock								11,795⁽³⁾	I	by Incentive 2010⁽¹⁾
Common Stock								8,239,199	I	by TS AquaCulture⁽²⁾
Common Stock								5,775	I	by Third Security⁽²⁾
Common Stock								4,659	I	by Staff 2001⁽²⁾
Common Stock								20	I	by Lotus⁽²⁾
Common Stock								1,770	I	by Senior Staff 2006⁽²⁾
Common Stock								885	I	by Staff 2006⁽²⁾
Common Stock								295	I	by Incentive 2006⁽²⁾
Common Stock								99,537	I	by Kapital Joe⁽²⁾
Common Stock								880	I	by Senior Staff⁽²⁾
Common Stock								3,199	I	by ADC 2010⁽²⁾
Common Stock								199,682	I	by NRM VI Holdings⁽²⁾
Common Stock								3,637	I	by NRM VII Holdings⁽²⁾
Common Stock								124,609	I	by TSCP V⁽²⁾
Common Stock								2,159	I	by Spouse

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Randal J. Kirk controls each of TS Biotechnology Holdings, LLC ("TS Biotechnology"), Mascara Kaboom, LLC ("Mascara Kaboom"), R.J. Kirk Declaration of Trust ("R.J. Kirk DOT"), JPK 2008, LLC ("JPK 2008"), MGK 2008, LLC ("MGK 2008"), ZSK 2008, LLC ("ZSK 2008"), JPK 2009, LLC ("JPK 2009"), MGK 2009, LLC ("MGK 2009"), ZSK 2009, LLC ("ZSK 2009"), MGK 2011, LLC ("MGK 2011"), JPK 2012, LLC, Kellie L. Banks (2009) Long Term Trust ("Kellie L. Banks LTT"), Third Security Senior Staff 2008 LLC ("Senior Staff 2008"), Third Security Staff 2010 LLC ("Staff 2010"), and Third Security Incentive 2010 LLC ("Incentive 2010"). Shares held by these entities may be deemed to be beneficially owned (as defined under Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

2. Randal J. Kirk controls each of TS AquaCulture LLC ("TS AquaCulture"), Third Security, LLC ("Third Security"), Third Security Staff 2001 LLC ("Staff 2001"), Lotus Capital (2000) Company Inc. ("Lotus"), Third Security Senior Staff 2006 LLC ("Senior Staff 2006"), Third Security Staff 2006 LLC ("Staff 2006"), Third Security Incentive 2006 LLC ("Incentive 2006"), Kapital Joe, LLC ("Kapital Joe"), Third Security Senior Staff LLC ("Senior Staff"), ADC 2010 LLC ("ADC 2010"), NRM VI Holdings I, LLC ("NRM VI Holdings"), NRM VII Holdings I, LLC ("NRM VII Holdings"), and Third Security Capital Partners V, LLC ("TSCP V"). Shares held by these entities may be deemed to be beneficially owned (as defined under Rule 13d-3 promulgated under the Securities Exchange Act of 1934, as amended) by Mr. Kirk. Mr. Kirk disclaims beneficial ownership of such shares, except to the extent of any pecuniary interest therein.

3. On May 1, 2020, the manager of Mascara Kaboom elected to dissolve and terminate the company, and distribute the assets of the company to its members, all of which are controlled by Mr. Kirk, in accordance with the company's Operating Agreement, dated October 25, 2012. In connection with this dissolution, Mascara Kaboom distributed 82,083 shares of issuer common stock to each of its members: R.J. Kirk DOT (45,884), JPK 2008 (1,067), MGK 2008 (1,067), ZSK 2008 (985), JPK 2009 (7,798), MGK 2009 (9,029), ZSK 2009 (821), JPK 2012 (3,201), Kellie L. Banks LTT (493), MGK 2011 (3,530), Senior Staff 2008 (3,283), Staff 2010 (3,283), and Incentive 2010 (1,642).

	/s/ Randal J. Kirk	08/13/2020
	** 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).
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