Home/Filings/4/0001076542-17-000099
4//SEC Filing

ROSELLINI MICHAEL 4

Accession 0001076542-17-000099

CIK 0001416172other

Filed

Oct 5, 8:00 PM ET

Accepted

Oct 6, 2:00 PM ET

Size

7.8 KB

Accession

0001076542-17-000099

Insider Transaction Report

Form 4
Period: 2017-08-24
Transactions
  • Other

    Warrants

    2017-08-24+200,000200,000 total
    Exercise: $1.50From: 2017-08-24Exp: 2019-08-24Common Stock (200,000 underlying)
Holdings
  • Common Stock

    (indirect: By IRA)
    702,000
  • Common Stock

    821,890
Footnotes (2)
  • [F1]Shares held by the Michael Rosellini ROTH IRA. Dr. Rosellini has the sole power to vote and dispose of the shares held by the Michael Rosellini ROTH IRA.
  • [F2]On August 24, 2017, Nexeon MedSystems Inc (the "Company") entered into a Securities Purchase Agreement ("SPA") and Senior Secured Convertible Promissory Note (the "Note"). As a condition to making the loan pursuant to the SPA and accepting the Note, Dr. Rosellini executed a Personal Guaranty in favor of the lender. For the issuance of the Guaranty by Dr. Rosellini, the Company granted to Dr. Rosellini a two-year warrant for the purchase of 200,000 shares of the Company's Common Stock, at an exercise price of $1.50 per share (the "Warrant"). The exercise price of the Warrant may be adjusted from time to time pursuant to the terms and conditions of the Warrant and the Warrant may be exercised in whole or in part at any time or times during term of the Warrant.

Issuer

NEXEON MEDSYSTEMS INC

CIK 0001416172

Entity typeother

Related Parties

1
  • filerCIK 0001693434

Filing Metadata

Form type
4
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 2:00 PM ET
Size
7.8 KB