4//SEC Filing
Ibex Microcap Fund LLLP 4
Accession 0001104659-21-089456
CIK 0001487197other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 4:44 PM ET
Size
13.2 KB
Accession
0001104659-21-089456
Insider Transaction Report
Form 4
LAZARUS INVESTMENT PARTNERS LLLP
10% Owner
Transactions
- Award
Warrant (right to buy)
2021-07-06+1,800,000→ 1,800,000 total(indirect: See Footnotes)Exercise: $0.53From: 2021-07-06Exp: 2023-07-31→ Common Stock (1,800,000 underlying) - Disposition to Issuer
Warrant (right to buy)
2021-07-06−1,800,000→ 0 total(indirect: See Footnotes)Exercise: $0.53From: 2018-07-26Exp: 2021-07-31→ Common Stock (1,800,000 underlying)
Lazarus Management Co LLC
10% Owner
Transactions
- Disposition to Issuer
Warrant (right to buy)
2021-07-06−1,800,000→ 0 total(indirect: See Footnotes)Exercise: $0.53From: 2018-07-26Exp: 2021-07-31→ Common Stock (1,800,000 underlying) - Award
Warrant (right to buy)
2021-07-06+1,800,000→ 1,800,000 total(indirect: See Footnotes)Exercise: $0.53From: 2021-07-06Exp: 2023-07-31→ Common Stock (1,800,000 underlying)
BORUS JUSTIN B
10% Owner
Transactions
- Disposition to Issuer
Warrant (right to buy)
2021-07-06−1,800,000→ 0 total(indirect: See Footnotes)Exercise: $0.53From: 2018-07-26Exp: 2021-07-31→ Common Stock (1,800,000 underlying) - Award
Warrant (right to buy)
2021-07-06+1,800,000→ 1,800,000 total(indirect: See Footnotes)Exercise: $0.53From: 2021-07-06Exp: 2023-07-31→ Common Stock (1,800,000 underlying)
Footnotes (4)
- [F1]On July 6, 2021, the terms of an aggregate of 1,800,000 warrants were amended to extend the expiration date to July 31, 2023.
- [F2]These Warrants are not exercisable by the holder to the extent (but only to the extent) that the holder together with any of its affiliates would beneficially own in excess of 9.99% (the "Maximum Percentage") of the Issuer's Common Stock after giving effect to such exercise and as a result of such exercise. By written notice to the Issuer, the holder may increase or decrease the Maximum Percentage, as applied to the holder, to any other percentage specified in such notice; provided that any such increase will not be effective until the 61st day after such notice is delivered to the Issuer.
- [F3]These securities are owned directly by Ibex Microcap Fund LLLP (the "Fund"). Ibex Investors LLC ("Ibex") is the investment adviser and general partner of the Fund, and Mr. Borus is the manager of Ibex. Each of Ibex and Mr. Borus expressly disclaims beneficial ownership of these securities except to the extent of its or his pecuniary interest therein, if any. The filing of this Form 4 shall not be construed as an admission that either Ibex or Mr. Borus, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, is the beneficial owner of these securities.
- [F4]Lazarus Macro Micro Partners LLLP ("Macro Micro Partners") has been removed as a Reporting Person as it no longer beneficially owns any of the Issuer's securities, having transferred 3,000 shares of common stock to Mr. Borus (its sole owner) personally on December 24, 2020. Such transaction was exempt from Section 16 of the Securities Exchange Act of 1934 and will be reflected in the next Form 4 that reports a transaction in Table I.
Documents
Issuer
BARFRESH FOOD GROUP INC.
CIK 0001487197
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001232118
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 4:44 PM ET
- Size
- 13.2 KB