ULURU Inc. 4
4 · ULURU Inc. · Filed Sep 29, 2014
Insider Transaction Report
Form 4
ULURU Inc.ULUR
Kerschbaumer Helmut
Director10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2014-09-25$1.15/sh+75,000$86,250→ 75,000 totalExercise: $1.15From: 2015-03-25Exp: 2024-09-25→ Common Stock (75,000 underlying)
Holdings
- 5,000,000(indirect: By IPMD GmbH)
Common Stock
- 100,000
Stock Option (Right to Buy)
Exercise: $0.33Exp: 2023-03-20→ Common Stock (100,000 underlying)
Footnotes (4)
- [F1]IPMD GmbH is the owner of 5,000,000 shares of common stock acquired pursuant to a Securities Purchase Agreement dated December 21, 2012.
- [F2]Mr. Kerschbaumer is a shareholder of IPMD GmbH and may be considered to have voting and investment powers over such shares, but disclaims beneficial ownership of the shares reported herein, except to the extent of his precuniary interest therein, and the inclusion of the shares reported herein shall not be deemed an admission of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose.
- [F3]This stock option will become exercisable over a two year period with 18,750 shares of common stock vesting on March 25, 2015, September 25, 2015, March 25, 2016, and September 25, 2016, respectively.
- [F4]This stock option became exercisable with respect to 75,000 shares of common stock on September 20, 2014 and will become exercisable with respect to an additional 25,000 shares of common stock on March 20, 2015.