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4//SEC Filing

Protea Biosciences Group, Inc. 4

Accession 0001144204-17-018869

CIK 0001335103operating

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 4:22 PM ET

Size

10.8 KB

Accession

0001144204-17-018869

Insider Transaction Report

Form 4
Period: 2017-03-24
Transactions
  • Other

    Class B Warrant (right to buy)

    2017-03-24+3,440,0007,926,556 total
    Exercise: $0.11From: 2017-03-24Exp: 2022-03-24Common Stock (3,440,000 underlying)
  • Other

    Common Stock

    2017-03-24+344,0006,675,068 total
  • Other

    Class A Warrant (right to buy)

    2017-03-24+3,440,0007,926,556 total
    Exercise: $0.09From: 2017-03-24Exp: 2018-09-24Common Stock (3,440,000 underlying)
Footnotes (3)
  • [F1]Leonard P. Harris held $258,000 of outstanding principal indebtedness and accrued unpaid interest of the Issuer ("Unsecured Debt"). On March 24, 2017, Mr. Harris exchanged $258,000 of Unsecured Debt of the Issuer, for units of the Issuer's equity securities, consisting of (a) an aggregate of 3,440,000 shares of common stock, $0.0001 par value per share, of the Issuer ("Common Stock") valued at $0.075 per share, (b) 18 month Class A warrants to purchase 3,440,000 shares of Common Stock at an exercise price of $0.09 per share, and (c) five year Class B warrants to purchase another 3,440,000 shares at an exercise price of $0.1125 per share.
  • [F2]The shares of Common Stock reported in Column 5 and 7 are the number of shares of Common Stock issuable upon exercise of the Class A Warrant and/or Class B Warrant (collectively, "Warrants").
  • [F3]Includes 7,509,889 shares of Common Stock to be acquired upon the exercise of warrants and 416,667 shares of Common Stock to be acquired upon the exercise of stock options.

Issuer

Protea Biosciences Group, Inc.

CIK 0001335103

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001335103

Filing Metadata

Form type
4
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:22 PM ET
Size
10.8 KB