4//SEC Filing
Manchester Explorer, L.P. 4
Accession 0000919574-25-002637
CIK 0001074871other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 4:39 PM ET
Size
56.3 KB
Accession
0000919574-25-002637
Insider Transaction Report
Form 4
Transactions
- Award
Option to purchase common stock
2025-04-24$0.94/sh+125,000$117,500→ 125,000 totalExercise: $0.94From: 2025-04-24Exp: 2035-04-24→ Common Stock, par value $0.001 per share (125,000 underlying)
Holdings
- 2,097
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (2,097 underlying) - 7,500
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 1,875
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (1,875 underlying) - 3,634
Option to purchase common stock
Exercise: $5.16From: 2022-06-30Exp: 2032-06-30→ Common Stock, par value $0.001 per share (3,634 underlying) - 50,000
Option to purchase common stock
Exercise: $2.87From: 2020-01-01Exp: 2030-05-12→ Common Stock, par value $0.001 per share (50,000 underlying) - 1,875
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 234,274(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-14Exp: 2027-02-14→ Common Stock, par value $0.001 per share (234,274 underlying) - 119,237(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $8.61From: 2022-02-06Exp: 2027-02-06→ Common Stock, par value $0.001 per share (119,237 underlying) - 78,125
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (78,125 underlying) - 1,875
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,375
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 9,375
Option to purchase common stock
Exercise: $1.56From: 2024-06-30Exp: 2034-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 7,500
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (7,500 underlying) - 260,416(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (260,416 underlying) - 135,136
Option to purchase common stock
Exercise: $1.11Exp: 2033-10-02→ Common Stock, par value $0.001 per share (135,136 underlying) - 9,375
Option to purchase common stock
Exercise: $0.93From: 2023-06-30Exp: 2033-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.78From: 2023-12-29Exp: 2033-12-29→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.16From: 2023-09-30Exp: 2033-09-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 300,000(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-10Exp: 2027-02-10→ Common Stock, par value $0.001 per share (300,000 underlying) - 9,987
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (9,987 underlying) - 7,500
Option to purchase common stock
Exercise: $5.16From: 2022-07-19Exp: 2032-07-19→ Common Stock, par value $0.001 per share (7,500 underlying) - 8,389
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (8,389 underlying) - 5,297
Option to purchase common stock
Exercise: $5.90From: 2021-06-30Exp: 2031-06-30→ Common Stock, par value $0.001 per share (5,297 underlying) - 9,375
Option to purchase common stock
Exercise: $1.39From: 2024-12-31Exp: 2034-12-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.95From: 2024-03-31Exp: 2034-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.44From: 2023-03-31Exp: 2033-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 4,486
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (4,486 underlying) - 17,943
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (17,943 underlying) - 2,497
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (2,497 underlying)
BESSER JAMES E
Chief Executive Officer10% Owner
Transactions
- Award
Option to purchase common stock
2025-04-24$0.94/sh+125,000$117,500→ 125,000 totalExercise: $0.94From: 2025-04-24Exp: 2035-04-24→ Common Stock, par value $0.001 per share (125,000 underlying)
Holdings
- 260,416(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (260,416 underlying) - 9,375
Option to purchase common stock
Exercise: $1.39From: 2024-12-31Exp: 2034-12-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 3,634
Option to purchase common stock
Exercise: $5.16From: 2022-06-30Exp: 2032-06-30→ Common Stock, par value $0.001 per share (3,634 underlying) - 119,237(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $8.61From: 2022-02-06Exp: 2027-02-06→ Common Stock, par value $0.001 per share (119,237 underlying) - 1,875
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,375
Option to purchase common stock
Exercise: $1.78From: 2023-12-29Exp: 2033-12-29→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $0.93From: 2023-06-30Exp: 2033-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 7,500
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 7,500
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (7,500 underlying) - 8,389
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (8,389 underlying) - 9,375
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 1,875
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 1,875
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (1,875 underlying) - 17,943
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (17,943 underlying) - 300,000(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-10Exp: 2027-02-10→ Common Stock, par value $0.001 per share (300,000 underlying) - 50,000
Option to purchase common stock
Exercise: $2.87From: 2020-01-01Exp: 2030-05-12→ Common Stock, par value $0.001 per share (50,000 underlying) - 9,375
Option to purchase common stock
Exercise: $1.56From: 2024-06-30Exp: 2034-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,987
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (9,987 underlying) - 2,097
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (2,097 underlying) - 9,375
Option to purchase common stock
Exercise: $1.95From: 2024-03-31Exp: 2034-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 135,136
Option to purchase common stock
Exercise: $1.11Exp: 2033-10-02→ Common Stock, par value $0.001 per share (135,136 underlying) - 9,375
Option to purchase common stock
Exercise: $1.44From: 2023-03-31Exp: 2033-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 7,500
Option to purchase common stock
Exercise: $5.16From: 2022-07-19Exp: 2032-07-19→ Common Stock, par value $0.001 per share (7,500 underlying) - 4,486
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (4,486 underlying) - 234,274(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-14Exp: 2027-02-14→ Common Stock, par value $0.001 per share (234,274 underlying) - 2,497
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (2,497 underlying) - 5,297
Option to purchase common stock
Exercise: $5.90From: 2021-06-30Exp: 2031-06-30→ Common Stock, par value $0.001 per share (5,297 underlying) - 78,125
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (78,125 underlying) - 9,375
Option to purchase common stock
Exercise: $1.16From: 2023-09-30Exp: 2033-09-30→ Common Stock, par value $0.001 per share (9,375 underlying)
Transactions
- Award
Option to purchase common stock
2025-04-24$0.94/sh+125,000$117,500→ 125,000 totalExercise: $0.94From: 2025-04-24Exp: 2035-04-24→ Common Stock, par value $0.001 per share (125,000 underlying)
Holdings
- 78,125
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (78,125 underlying) - 1,875
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (1,875 underlying) - 1,875
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,375
Option to purchase common stock
Exercise: $0.93From: 2023-06-30Exp: 2033-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 260,416(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (260,416 underlying) - 9,375
Option to purchase common stock
Exercise: $1.16From: 2023-09-30Exp: 2033-09-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.44From: 2023-03-31Exp: 2033-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 119,237(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $8.61From: 2022-02-06Exp: 2027-02-06→ Common Stock, par value $0.001 per share (119,237 underlying) - 135,136
Option to purchase common stock
Exercise: $1.11Exp: 2033-10-02→ Common Stock, par value $0.001 per share (135,136 underlying) - 17,943
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (17,943 underlying) - 8,389
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (8,389 underlying) - 9,375
Option to purchase common stock
Exercise: $1.39From: 2024-12-31Exp: 2034-12-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.95From: 2024-03-31Exp: 2034-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 1,875
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,375
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 9,375
Option to purchase common stock
Exercise: $1.78From: 2023-12-29Exp: 2033-12-29→ Common Stock, par value $0.001 per share (9,375 underlying) - 3,634
Option to purchase common stock
Exercise: $5.16From: 2022-06-30Exp: 2032-06-30→ Common Stock, par value $0.001 per share (3,634 underlying) - 4,486
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (4,486 underlying) - 234,274(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-14Exp: 2027-02-14→ Common Stock, par value $0.001 per share (234,274 underlying) - 2,497
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (2,497 underlying) - 50,000
Option to purchase common stock
Exercise: $2.87From: 2020-01-01Exp: 2030-05-12→ Common Stock, par value $0.001 per share (50,000 underlying) - 9,375
Option to purchase common stock
Exercise: $1.56From: 2024-06-30Exp: 2034-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 7,500
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 7,500
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (7,500 underlying) - 7,500
Option to purchase common stock
Exercise: $5.16From: 2022-07-19Exp: 2032-07-19→ Common Stock, par value $0.001 per share (7,500 underlying) - 300,000(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-10Exp: 2027-02-10→ Common Stock, par value $0.001 per share (300,000 underlying) - 9,987
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (9,987 underlying) - 2,097
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (2,097 underlying) - 5,297
Option to purchase common stock
Exercise: $5.90From: 2021-06-30Exp: 2031-06-30→ Common Stock, par value $0.001 per share (5,297 underlying)
MANCHESTER MANAGEMENT CO LLC
DirectorChief Executive Officer10% OwnerOther
Transactions
- Award
Option to purchase common stock
2025-04-24$0.94/sh+125,000$117,500→ 125,000 totalExercise: $0.94From: 2025-04-24Exp: 2035-04-24→ Common Stock, par value $0.001 per share (125,000 underlying)
Holdings
- 9,375
Option to purchase common stock
Exercise: $1.56From: 2024-06-30Exp: 2034-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 234,274(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-14Exp: 2027-02-14→ Common Stock, par value $0.001 per share (234,274 underlying) - 9,375
Option to purchase common stock
Exercise: $1.44From: 2023-03-31Exp: 2033-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 3,634
Option to purchase common stock
Exercise: $5.16From: 2022-06-30Exp: 2032-06-30→ Common Stock, par value $0.001 per share (3,634 underlying) - 4,486
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (4,486 underlying) - 1,875
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 260,416(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (260,416 underlying) - 1,875
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (1,875 underlying) - 300,000(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-10Exp: 2027-02-10→ Common Stock, par value $0.001 per share (300,000 underlying) - 8,389
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (8,389 underlying) - 5,297
Option to purchase common stock
Exercise: $5.90From: 2021-06-30Exp: 2031-06-30→ Common Stock, par value $0.001 per share (5,297 underlying) - 78,125
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (78,125 underlying) - 9,375
Option to purchase common stock
Exercise: $1.78From: 2023-12-29Exp: 2033-12-29→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.16From: 2023-09-30Exp: 2033-09-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $0.93From: 2023-06-30Exp: 2033-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 7,500
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (7,500 underlying) - 2,497
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (2,497 underlying) - 2,097
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (2,097 underlying) - 9,375
Option to purchase common stock
Exercise: $1.39From: 2024-12-31Exp: 2034-12-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 1,875
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,987
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (9,987 underlying) - 17,943
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (17,943 underlying) - 50,000
Option to purchase common stock
Exercise: $2.87From: 2020-01-01Exp: 2030-05-12→ Common Stock, par value $0.001 per share (50,000 underlying) - 9,375
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 9,375
Option to purchase common stock
Exercise: $1.95From: 2024-03-31Exp: 2034-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 135,136
Option to purchase common stock
Exercise: $1.11Exp: 2033-10-02→ Common Stock, par value $0.001 per share (135,136 underlying) - 7,500
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 7,500
Option to purchase common stock
Exercise: $5.16From: 2022-07-19Exp: 2032-07-19→ Common Stock, par value $0.001 per share (7,500 underlying) - 119,237(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $8.61From: 2022-02-06Exp: 2027-02-06→ Common Stock, par value $0.001 per share (119,237 underlying)
FRANK MORGAN C.
Director10% Owner
Transactions
- Award
Option to purchase common stock
2025-04-24$0.94/sh+125,000$117,500→ 125,000 totalExercise: $0.94From: 2025-04-24Exp: 2035-04-24→ Common Stock, par value $0.001 per share (125,000 underlying)
Holdings
- 260,416(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (260,416 underlying) - 1,875
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,375
Option to purchase common stock
Exercise: $1.16From: 2023-09-30Exp: 2033-09-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.44From: 2023-03-31Exp: 2033-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 7,500
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 1,875
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,375
Option to purchase common stock
Exercise: $1.95From: 2024-03-31Exp: 2034-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.78From: 2023-12-29Exp: 2033-12-29→ Common Stock, par value $0.001 per share (9,375 underlying) - 300,000(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-10Exp: 2027-02-10→ Common Stock, par value $0.001 per share (300,000 underlying) - 9,987
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (9,987 underlying) - 8,389
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (8,389 underlying) - 9,375
Option to purchase common stock
Exercise: $1.39From: 2024-12-31Exp: 2034-12-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 135,136
Option to purchase common stock
Exercise: $1.11Exp: 2033-10-02→ Common Stock, par value $0.001 per share (135,136 underlying) - 9,375
Option to purchase common stock
Exercise: $0.93From: 2023-06-30Exp: 2033-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 4,486
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (4,486 underlying) - 2,497
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (2,497 underlying) - 1,875
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 234,274(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-14Exp: 2027-02-14→ Common Stock, par value $0.001 per share (234,274 underlying) - 2,097
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (2,097 underlying) - 50,000
Option to purchase common stock
Exercise: $2.87From: 2020-01-01Exp: 2030-05-12→ Common Stock, par value $0.001 per share (50,000 underlying) - 9,375
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 78,125
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (78,125 underlying) - 9,375
Option to purchase common stock
Exercise: $1.56From: 2024-06-30Exp: 2034-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 3,634
Option to purchase common stock
Exercise: $5.16From: 2022-06-30Exp: 2032-06-30→ Common Stock, par value $0.001 per share (3,634 underlying) - 119,237(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $8.61From: 2022-02-06Exp: 2027-02-06→ Common Stock, par value $0.001 per share (119,237 underlying) - 5,297
Option to purchase common stock
Exercise: $5.90From: 2021-06-30Exp: 2031-06-30→ Common Stock, par value $0.001 per share (5,297 underlying) - 17,943
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (17,943 underlying) - 7,500
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (7,500 underlying) - 7,500
Option to purchase common stock
Exercise: $5.16From: 2022-07-19Exp: 2032-07-19→ Common Stock, par value $0.001 per share (7,500 underlying)
JEB Partners, L.P.
Other
Transactions
- Award
Option to purchase common stock
2025-04-24$0.94/sh+125,000$117,500→ 125,000 totalExercise: $0.94From: 2025-04-24Exp: 2035-04-24→ Common Stock, par value $0.001 per share (125,000 underlying)
Holdings
- 9,375
Option to purchase common stock
Exercise: $1.56From: 2024-06-30Exp: 2034-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.16From: 2023-09-30Exp: 2033-09-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 3,634
Option to purchase common stock
Exercise: $5.16From: 2022-06-30Exp: 2032-06-30→ Common Stock, par value $0.001 per share (3,634 underlying) - 7,500
Option to purchase common stock
Exercise: $5.16From: 2022-07-19Exp: 2032-07-19→ Common Stock, par value $0.001 per share (7,500 underlying) - 234,274(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-14Exp: 2027-02-14→ Common Stock, par value $0.001 per share (234,274 underlying) - 9,375
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 9,375
Option to purchase common stock
Exercise: $1.39From: 2024-12-31Exp: 2034-12-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 17,943
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (17,943 underlying) - 119,237(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $8.61From: 2022-02-06Exp: 2027-02-06→ Common Stock, par value $0.001 per share (119,237 underlying) - 1,875
Option to purchase common stock
Exercise: $1.10From: 2025-03-31Exp: 2035-03-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 260,416(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (260,416 underlying) - 78,125
Common Stock Purchase Warrant
Exercise: $1.12From: 2025-03-25Exp: 2029-03-25→ Common Stock, par value $0.001 per share (78,125 underlying) - 7,500
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (7,500 underlying) - 1,875
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (1,875 underlying) - 9,987
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (9,987 underlying) - 50,000
Option to purchase common stock
Exercise: $2.87From: 2020-01-01Exp: 2030-05-12→ Common Stock, par value $0.001 per share (50,000 underlying) - 7,500
Option to purchase common stock
Exercise: $4.34From: 2022-09-30Exp: 2032-09-30→ Common Stock, par value $0.001 per share (7,500 underlying) - 4,486
Option to purchase common stock
Exercise: $4.18From: 2022-03-31Exp: 2032-03-31→ Common Stock, par value $0.001 per share (4,486 underlying) - 9,375
Option to purchase common stock
Exercise: $1.95From: 2024-03-31Exp: 2034-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.78From: 2023-12-29Exp: 2033-12-29→ Common Stock, par value $0.001 per share (9,375 underlying) - 135,136
Option to purchase common stock
Exercise: $1.11Exp: 2033-10-02→ Common Stock, par value $0.001 per share (135,136 underlying) - 9,375
Option to purchase common stock
Exercise: $0.93From: 2023-06-30Exp: 2033-06-30→ Common Stock, par value $0.001 per share (9,375 underlying) - 9,375
Option to purchase common stock
Exercise: $1.44From: 2023-03-31Exp: 2033-03-31→ Common Stock, par value $0.001 per share (9,375 underlying) - 1,875
Option to purchase common stock
Exercise: $2.14From: 2022-12-31Exp: 2032-12-31→ Common Stock, par value $0.001 per share (1,875 underlying) - 300,000(indirect: See footnote)
Common Stock Purchase Warrant
Exercise: $6.60From: 2022-02-10Exp: 2027-02-10→ Common Stock, par value $0.001 per share (300,000 underlying) - 2,497
Option to purchase common stock
Exercise: $7.51From: 2021-12-31Exp: 2031-12-31→ Common Stock, par value $0.001 per share (2,497 underlying) - 8,389
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (8,389 underlying) - 5,297
Option to purchase common stock
Exercise: $5.90From: 2021-06-30Exp: 2031-06-30→ Common Stock, par value $0.001 per share (5,297 underlying) - 2,097
Option to purchase common stock
Exercise: $2.98From: 2021-09-30Exp: 2031-09-30→ Common Stock, par value $0.001 per share (2,097 underlying)
Footnotes (9)
- [F1]The options were granted to the Reporting Person in accordance with the Issuer's Fiscal 2026 Two-Part FDA Submission and Product Milestone Bonus Program. The options will vest in two parts: (i) 50% if the Issuer submits a 510k related to MODDi to the FDA on or before October 31, 2025 and (ii) the remaining 50% if the manufacturing line is validated on MODDi with capacity to serve 6,000 patients by March 15, 2026.
- [F2]The reported securities are directly owned by James E. Besser in his personal capacity.
- [F3]The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date.
- [F4]The reported securities are directly owned by Morgan C. Frank in his personal capacity.
- [F5]Manchester Explorer, L.P. ("Explorer") acquired 260,416 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025.
- [F6]The reported securities are owned directly by Explorer and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) James E. Besser, the managing member of Manchester Management and Manchester PR and (iv) Morgan C. Frank, who serves as a portfolio manager and as a consultant for Explorer. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F7]James E. Besser acquired 78,125 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025.
- [F8]This option has vested since (i) all verification and validation testing for the Registrant's initial pump product was completed by December 31, 2023 and (ii) the 510(K) premarket submission to the U.S. Food and Drug Administration ("FDA") for the Registrant's initial pump product was completed by January 31, 2024.
- [F9]These Shares reflect a 3 for 1 reverse stock split effective November 26, 2021.
Documents
Issuer
Modular Medical, Inc.
CIK 0001074871
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001411524
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 4:39 PM ET
- Size
- 56.3 KB