Xtant Medical Holdings, Inc. 4
4 · Xtant Medical Holdings, Inc. · Filed Nov 23, 2016
Insider Transaction Report
Form 4
Swanson Kent L
Director
Transactions
- Exercise of In-Money
Subscription Rights (right to receive)
2016-11-14−150,000→ 0 totalExercise: $0.75From: 2016-10-31Exp: 2016-11-14→ See footnote (150,000 underlying) - Exercise of In-Money
Common Stock
2016-11-17$0.75/sh+150,000$112,500→ 266,693 total - Exercise of In-Money
Warrants (right to buy)
2016-11-17+150,000→ 150,000 totalExercise: $0.90From: 2016-11-17Exp: 2021-11-17→ Common Stock (150,000 underlying)
Holdings
- 20,000(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]The common stock and the warrants reported on this Form 4 were acquired pursuant to the exercise of subscription rights previously distributed by the Issuer to all holders of the Issuer's common stock and outstanding convertible notes. Each holder received 2 subscription rights per share of stock owned, and each right allowed the recipient to purchase one unit, consisting of one share of common stock and one warrant to purchase one share of common stock. The subscription price per unit was $0.75.
- [F2]Each warrant entitles the holder to purchase one share of the Company's common stock at an exercise price of $0.90 from the date of issuance through November 17, 2021.