4//SEC Filing
DEPIANO RICHARD J 4
Accession 0000862668-18-000005
CIK 0000862668other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 3:59 PM ET
Size
8.4 KB
Accession
0000862668-18-000005
Insider Transaction Report
Form 4
DEPIANO RICHARD J
DirectorChairman and CEO
Transactions
- Other
Series A convertible preferred stock
2018-02-14$0.32/sh+1,534,883.721$495,000→ 1,534,883.721 total(indirect: By profit sharing plan)→ Common Stock (3,300,000 underlying) - Other
Series A Convertable Preferred stock
2018-02-14$0.32/sh+465,116.279$150,000→ 465,116.279 total→ Common Stock (1,000,000 underlying)
Footnotes (4)
- [F1]Each share of Series A convertible preferred stock is convertible into 2.15 shares of Escalon common stock and has no expiration date.
- [F2]Reporting person acquired these shares in exchange for the cancellation of a promissory note in the principal amount of $150,000 owed by Escalon to him.
- [F3]Reporting person acquired these shares indirectly in exchange for the cancellation of a promissory note in the principal amount of $495,000 owed by Escalon to DP Associates Inc Profit Sharing Plan.
- [F4]These shares are owned by DP Associates Inc Profit Sharing Plan of which the reporting person is the sole owner and sole trustee.
Documents
Issuer
ESCALON MEDICAL CORP
CIK 0000862668
Entity typeother
Related Parties
1- filerCIK 0001260475
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 3:59 PM ET
- Size
- 8.4 KB