4//SEC Filing
Sclar Jeremy M. 4
Accession 0001104659-25-088246
CIK 0001374339other
Filed
Sep 7, 8:00 PM ET
Accepted
Sep 8, 4:10 PM ET
Size
20.9 KB
Accession
0001104659-25-088246
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.
Documents
Issuer
ProMIS Neurosciences Inc.
CIK 0001374339
Entity typeother
Related Parties
1- filerCIK 0001955608
Filing Metadata
- Form type
- 4
- Filed
- Sep 7, 8:00 PM ET
- Accepted
- Sep 8, 4:10 PM ET
- Size
- 20.9 KB