UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 144

NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT 
TO RULE 144 UNDER THE SECURITIES ACT OF 1933

ATTENTION: Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale   or executing a sale directly with a market maker.

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SEC USE ONLY

DOCUMENT SEQUENCE NO.

CUSIP NUMBER

1 (a) NAME OF ISSUER (Please type or  print)

ITUS Corporation

(b)  IRS IDENT. NO.

11-2622630

(c) S.E.C. FILE NO.

0-11254

WORK LOCATION

1 (d) ADDRESS OF ISSUER                 STREET                                                                       CITY                                      STATE                          ZIP CODE

3150 Almaden Expressway, Suite250     San Jose    CA      95118

(e) TELEPHONE NO.

AREA CODE

408

NUMBER

708-9808

2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD

Richard + Marlise Williams

 

(b) RELATIONSHIP TO
         ISSUER

Director

(c) ADDRESS STREET                                               CITY                                   STATE            ZIP CODE

5665 SE Winged Foot Dr. Stuart FL 34997

INSTRUCTION:  The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

 

3 (a)

(b)

SEC USE ONLY

(c)

Number of Shares or Other Units

To Be Sold

(See instr. 3(c))

(d)

Aggregate Market Value

(See instr. 3(d))

(e)

Number of Shares or Other Units Outstanding

(See instr. 3(e))

(f)

Approximate Date of Sale

(See instr. 3(f))

(MO.   DAY   YR.)

(g)

Name of Each Securities Exchange

(See instr. 3(g))

Title of the Class of Securities To Be Sold

 

Name and Address of Each Broker Through Whom the Securities are to be Offered or Each Market Maker  who is Acquiring theSecurities

 

Broker-Dealer File Number

Common Stock

TD Ameritrade
200 South 108th Ave.
Omaha, NE 68154-2631

TD Ameritrade

25,000

$116,000

16,631,191

4/9/18

NASDAQ

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INSTRUCTIONS:                                                                                                                                                                3 .  (a)    Title of the class of securities to be sold

1.    (a)       Name of issuer                                                                                                                                                        (b)    Name and address of each broker through whom the securities are intended to be sold

(b)             Issuer’s I.R.S.Identification Number                                                                                                                   (c)    Number of shares or other units to be sold (if debt securities, give the aggregate face amount)

(c)              Issuer’s S.E.C. file number,if any                                                                                                                          (d)    Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice

(d)             Issuer’s address, including zip code                                                                                                                    (e)    Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown

(e)              Issuer’s telephone number, including area code                                                                                                           by the most recent report or statement published by the issuer

                                                                       (f)         Approximate date on which the securities are to be sold

2.   (a)       Name of person for whose account the securities are to be sold                                                                           (g)   Name of each securities exchange, if any, on which the securities are intended to be sold

(b)             Such person’s relationship to the issuer (e.g., officer, director, 10%
    stockholder, or member of immediate family of any of the foregoing)

(c)              Such person’s address, including zip code

Potential  persons  who  are  to  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.                                                                                                                                                                           SEC 1147(02-08)

 

 

TABLE I ––  SECURITIES TO BE  SOLD

Furnish the following information with respect to the acquisition of the securities to be sold

                                                                                      and with respect to the payment of all or any part of the purchase price or other consideration therefor:

Title of the Class

Date you Acquired

Nature of Acquisition Transaction

Name of Person from Whom Acquired

(If gift, also give date donor  acquired)

Amount of Securities Acquired

Date of Payment

Nature of Payment

Common ITUS

8/3/17

Purchased in Open Market

T.D. Ameritrade

50,000

8/3/17

Cash in Account

INSTRUCTIONS:      If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the
consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when
the note or other obligation was discharged in full or the last installment paid.

TABLE II ––  SECURITIES SOLD DURING THE PAST 3 MONTHS

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

 

 

Name and Address of Seller

 

Title of Securities Sold

 

Date of Sale

Amount of Securities Sold

 

Gross Proceeds

 

NONE

 

 

 

REMARK:

 

INSTRUCTIONS:
See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

 

 

ATTENTION:
The person for whose account the securities to which this notice relates are to be sold   hereby represents by  signing this notice that he  does not know any material adverse information in  regard to     the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person  has  adopted  a  written  trading  plan  or  given  trading  instructions  to  satisfy  Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instructin given, that person makes such representation as of the plan adoption or instruction date.

 

                       04/11/2018                                                             /S/ Richard Williams               

                                                   DATE OF NOTICE                                                                                                                                                                        (SIGNATURE)

 

                           04/11/2018                                                                                                                                      


DATE OF  PLAN ADOPTION OR  GIVING OF   INSTRUCTION,

IF RELYING ON  RULE 10B5-1    

The notice shall be signed by the person for whose account the securities are to be sold. At least one
copy of the notice shall be manually signed. Any copies not manually signed shall bear typed or printed signatures.


     ATTENTION:  Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)


                                                   

SEC  1147  (02-08)