Sclar Jeremy M. 4
4 · ProMIS Neurosciences Inc. · Filed Sep 8, 2025
Insider Transaction Report
Form 4
Sclar Jeremy M.
10% Owner
Transactions
- Exercise of In-Money
Tranche A Common Share Purchase Warrants
2025-07-25−697,674→ 0 total(indirect: See footnote)→ Common Shares (697,674 underlying) - Purchase
Warrant to Purchase Common Shares
2025-07-29+3,139,533→ 3,139,533 total(indirect: See footnote)→ Common Shares (3,139,533 underlying) - Exercise of In-Money
Tranche B Common Share Purchase Warrants
2025-07-25−697,674→ 0 total(indirect: See footnote)→ Common Shares (697,674 underlying) - Exercise of In-Money
Common Shares, no par value
2025-07-25+697,674→ 2,315,111 total(indirect: By Trust) - Exercise of In-Money
Tranche C Common Share Purchase Warrants
2025-07-25−697,674→ 0 total(indirect: See footnote)→ Common Shares (697,674 underlying)
Holdings
- 1,155,726(indirect: By LLC)
Common Shares, no par value
- 65,000
Common Shares, no par value
Footnotes (6)
- [F1]On July 25, 2025, the Jeremy M. Sclar 2012 Irrevocable Family Trust (the "JS Trust") exercised 697,674 Tranche A purchase warrants, each exercisable to purchase one Common Share. These warrants were exercisable at an exercise price of $2.02 per warrant share; however, following an offer by the JS Trust and an acceptance by the Issuer, were exercised in full at an exercise price of $0.83518 per share.
- [F2]Held through the JS Trust, a trust formed under a trust instrument governed by the laws of the Commonwealth of Massachusetts. Mr Sclar's spouse is one of the trustees of the JS Trust.
- [F3]On July 25, 2025, the JS Trust exercised 697,674 Tranche B purchase warrants, each exercisable to purchase one Common Share. These warrants were exercisable at an exercise price of $2.02 per warrant share; however, following an offer by the JS Trust and an acceptance by the Issuer, were exercised in full at an exercise price of $0.83518 per share.
- [F4]On July 25, 2025, the JS Trust exercised 697,674 Tranche C purchase warrants, each exercisable to purchase one Common Share. These warrants were exercisable at an exercise price of $2.50 per warrant share; however, following an offer by the JS Trust and an acceptance by the Issuer, were exercised in full at an exercise price of $0.83518 per share.
- [F5]Held through Crocker Mountain LLC, a Maine Limited liability company ("Crocker Mountain"). Mr Sclar is the sole manager of Crocker Mountain.
- [F6]On July 29, 2025, the JS Trust acquired a warrant to purchase 3,139,533 Common Shares at an exercise price of $1.25 per share. The purchase price for the warrant was $0.1875 per Common Share underlying the warrant. The warrant is currently exercisable and expires five years after the date of issuance.