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^*

Lazarus Management Co LLC

(Last)

(First)

(Middle)

3200 CHERRY CREEK SOUTH DRIVE

SUITE 670

(Street)

DENVER

80209

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Growblox Sciences, Inc. [ GBLX ]

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)
09/22/2014

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

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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	09/22/2014		L		2,600	A	$0.8852	1,233,242	I	See Note⁽¹⁾
Common Stock	09/23/2014		L		3,200	A	$0.8619	1,236,442	I	See Note⁽¹⁾
Common Stock	09/24/2014		L		2,300	A	$0.8648	1,238,742	I	See Note⁽¹⁾
Common Stock	09/25/2014		P		30,000	A	$0.8976	1,268,742	I	See Note⁽¹⁾
Common Stock	09/26/2014		P		12,600	A	$0.9063	1,281,342	I	See Note⁽¹⁾
Common Stock	09/29/2014		P		21,400	A	$0.9021	1,302,742	I	See Note⁽¹⁾

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)

1. Name and Address of Reporting Person^*

Lazarus Management Co LLC

(Last)

(First)

(Middle)

3200 CHERRY CREEK SOUTH DRIVE

SUITE 670

(Street)

DENVER

80209

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

BORUS JUSTIN B

(Last)

(First)

(Middle)

3200 CHERRY CREEK SOUTH DRIVE

SUITE 670

(Street)

DENVER

80209

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. These shares are held directly by Lazarus Israel Opportunities Fund LLLP, which is not a 10% Owner. In addition to this total, Lazarus Management Company LLC, as investment advisor and general partner and Justin B. Borus, as managing member of Lazarus Management Company LLC hold an indirect interest in 3,269,632 shares of Common Stock that are held directly by Lazarus Investment Partners LLLP. Lazarus Israel Opportunities Fund LLLP holds no interest in these securities and Lazarus Management Company LLC and Justin B. Borus disclaim beneficial ownership except to the extent of their pecuniary interest therein.

Remarks:

Lazarus Management Company LLC, as investment adviser and general partner of Lazarus Investment Partners LLLP and Lazarus Israel Opportunities Fund LLLP, and Justin B. Borus, as managing member of Lazarus Management Company LLC hold indirect interests in the securities that are held directly by those funds. Lazarus Management Company LLC and Justin B. Borus disclaim beneficial ownership of the securities except to the extent of their pecuniary interest therein.

	/s/ Justin Borus, individually, and as manager of Lazarus Management Company LLC	09/29/2014
	** 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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