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*
OliverSmith Brian A.

(Last) (First) (Middle)
4711 HOPE VALLEY ROAD
STE 4F 104

(Street)
DURHAM NC 27707

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sibling Group Holdings, Inc. [ SIBE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2015
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)
Code V Amount (A) or (D) Price
Common Stock 01/30/2015 J/K(1) 2,673,468 A (3) 2,673,468 D
Series A Preferred Stock 01/30/2015 J/K(1) 127,308(2) A (3) 127,308(2) D
Common Stock 01/30/2015 J/K(1) 2,486,240 A (3) 2,486,240 I By Spouse
Series A Preferred Stock 01/30/2015 J/K(1) 118,392(2) A (3) 118,392(2) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Sibling Group Holdings Inc, acquired Urban Planet Media & entertainment Corp on 01/30/2015. Brian OliverSmith was named as both an Officer and a Director pursuant to the transaction through which the shares were acquired. The shares were not issued on the same day because Sibling Group Holdings, Inc needed to complete a filing with the Secretary of State of Texas.
2. Each Preferred "A" Convertible share is convertible into 20 common shares of Sibling Group Holdings, Inc. no sooner than 24 months from the date of issuance, at a conversion price of $.50 per common share.
3. Shares were issued in exchange for 5,405,408 shares of Urban Planet Media & Entertainment Corp pursuant to the Securities Exchange Agreement previously disclosed by Sibling Group Holdings, Inc.
/s/ Brian A. OliverSmith 02/11/2015
** 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).
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