4//SEC Filing
Spragens Jeffrey G 4
Accession 0001209191-13-018424
CIK 0000876378other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 4:18 PM ET
Size
9.3 KB
Accession
0001209191-13-018424
Insider Transaction Report
Form 4
SafeStitch Medical, Inc.SFES.OB
Spragens Jeffrey G
DirectorCEO10% Owner
Transactions
- Purchase
Warrants
2013-03-22−200,000→ 0 totalExercise: $0.33From: 2013-03-22Exp: 2018-03-22→ Common Stock (200,000 underlying) - Purchase
Common Stock
2013-03-22$0.25/sh+400,000$100,000→ 2,545,285 total
Holdings
- 571,015(indirect: By LLC)
Common Stock
- 562,818(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]On March 22, 2013, the issuer sold and issued to Jeffrey Spragens, in a privately negotiated transaction pursuant to a stock purchase agreement, an aggregate of 400,000 shares of the issuer's common stock at a purchase price of $0.25 per share and warrants to purchase an additional 200,000 shares of the issuer's common stock with a warrant exercise price of $0.33 per share.
- [F2]The Joy Fowler Spragens Trust is an irrevocable trust established by Mr. Spragens' spouse for the benefit of her descendants and relatives who are unrelated to Mr. Spragens. Mr. Spragens disclaims any beneficial ownership of these shares.
- [F3]RSLS Investments LLC is 100% owned by Mr. Spragens' adult children. Although Mr. Spragens is the manager of RSLS Investments LLC, he disclaims any beneficial ownership of these shares.
Documents
Issuer
SafeStitch Medical, Inc.
CIK 0000876378
Entity typeother
Related Parties
1- filerCIK 0001410620
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 4:18 PM ET
- Size
- 9.3 KB