KLING ARNOLD P 4
4 · PROTALEX INC · Filed Feb 12, 2018
Insider Transaction Report
Form 4
PROTALEX INCPRTX
KLING ARNOLD P
Director10% Owner
Transactions
- Award
Options
2018-02-08+600,000→ 600,000 totalExercise: $0.54From: 2018-02-08Exp: 2023-02-08→ Common Stock (600,000 underlying)
Holdings
- 22,576,087(indirect: By LLC)
Common Stock
- 5,000
Common Stock
- 62(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]These securities are owned directly by Niobe Ventures, LLC and indirectly by Arnold P. Kling as manager of the LLC.
- [F2]These securities are beneficially owned solely by Arnold P. Kling.
- [F3]These shares are beneficially owned by Arnold P. Kling's wife as custodian for their children under the Uniform Gifts to Minors Act. Mr. Kling disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for the purposes of Section 16 or for any other purpose.
- [F4]Granted on February 8, 2018 (the "Grant Date"), this option is exercisable to acquire 50% of the underlying shares on the Grant Date and 100% of the shares on or after the one-year anniversary of the Grant Date.