Greenspan Ira Scott 4
4 · Scopus BioPharma Inc. · Filed Aug 3, 2021
Insider Transaction Report
Form 4
Greenspan Ira Scott
Director
Transactions
- Other
W Warrants
2021-07-31+1,068,016→ 1,068,016 total(indirect: By LLC)Exercise: $4.00From: 2021-10-01Exp: 2026-09-30→ B Unit (1,068,016 underlying)
Footnotes (2)
- [F1]Represents W Warrants held by SCPS/Strategic Capital Partners LLC, of which Mr. Greenspan is a co-manager. Accordingly, he is deemed to have shared voting and dispositive power over the securities held by such entity. Mr. Greenspan disclaims beneficial ownership of such securities, except to the extent of his proportionate pecuniary interest therein.
- [F2]Each W Warrant is exercisable for one B Unit. Starting on April 1, 2022, each B Unit can be separated into one share of common stock and one Z Warrant. Each Z Warrant is exercisable for one share of common stock with an exercise price of $5.00 per share. The Z Warrant will become exercisable on July 1, 2022 and will expire on June 30, 2027.