Advaxis, Inc. 4/A
4/A · Advaxis, Inc. · Filed Jul 10, 2013
Insider Transaction Report
Form 4/AAmended
Advaxis, Inc.ADXS
PATTON JAMES P
Director
Transactions
- Award
Common Stock Warrants (right to buy)
2012-08-02+222,222→ 222,222 totalExercise: $0.09Exp: 2013-08-02→ Common Stock (222,222 underlying)
Footnotes (4)
- [F1]This reflects the exercise price of the warrant on the date hereof after giving effect to adjustments pursuant to the terms of such warrant.
- [F2]The number of warrants was incorrectly reported on the reporting person's original Form 4.
- [F3]Immediately.
- [F4]Pursuant to that certain Note Purchase Agreement, dated as of August 2, 2012, by and between Advaxis, Inc. (the "Company") and Dr. James Patton, the Company issued a convertible promissory note in the principal face amount of $66,667 (the "Note") to Dr. Patton for a purchase price of $50,000. Additionally, Dr. Patton received a warrant to purchase such number of the Company's common stock equal to 50% of such number of shares of the Company's common stock issuable upon conversion of the Note with a current exercise price of $0.085 per share.