Okuno Dale 4
4 · PURE BIOSCIENCE, INC. · Filed Feb 21, 2019
Insider Transaction Report
Form 4
Okuno Dale
Director
Transactions
- Exercise of In-Money
Common Stock
2019-02-19$0.35/sh+213,333$74,667→ 4,585,284 total - Award
Warrant
2019-02-19+213,333→ 213,333 totalExercise: $0.35From: 2014-08-22Exp: 2019-08-22→ Common Stock (213,333 underlying) - Exercise of In-Money
Warrant
2019-02-19−213,333→ 0 totalExercise: $0.35From: 2014-08-22Exp: 2019-08-22→ Common Stock (213,333 underlying) - Disposition to Issuer
Warrant
2019-02-19−213,333→ 0 totalExercise: $0.75From: 2014-08-22Exp: 2019-08-22→ Common Stock (213,333 underlying)
Footnotes (1)
- [F1]The reported transactions relate to an amendment of the exercise price of an outstanding warrant from $0.75 per share to $0.35 per share of Common Stock, contingent upon the Reporting Person immediately exercising the Warrant. As a result of this amendment, the outstanding warrant was deemed canceled and a replacement warrant was issued for the same number of shares of Common Stock, but with the reduced exercise price. The outstanding warrant was originally issued on August 2014.