4//SEC Filing
ERB JOHN L 4
Accession 0001213867-25-000003
CIK 0001506492other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 8:43 PM ET
Size
13.5 KB
Accession
0001213867-25-000003
Insider Transaction Report
Form 4
Nuwellis, Inc.NUWE
ERB JOHN L
Director
Transactions
- Other
Series F Convertible Preferred Stock
2025-06-09−100→ 0 totalExercise: $0.06From: 2017-11-22→ Common Stock (1,666,667 underlying) - Other
Series F-1 Convertible Preferred Stock
2025-06-09+100→ 100 totalExercise: $0.06From: 2025-06-09→ Common Stock (1,666,667 underlying) - Conversion
Series F-1 Convertible Preferred Stock
2025-06-09−66→ 34 totalExercise: $0.06From: 2025-06-09→ Common Stock (1,100,022 underlying) - Conversion
Common Stock
2025-06-10$0.06/sh+7,522$451→ 1,100,022 total - Conversion
Common Stock
2025-06-09$0.06/sh+1,092,500$65,550→ 1,092,500 total
Footnotes (3)
- [F1]On June 9, 2025, the Issuer entered into a Securities Exchange Agreement with the Reporting Person, pursuant to which the Issuer agreed to issue 100 shares of its newly designated Series F-1 Convertible Preferred Stock ("F-1 Stock") in exchange for 100 shares of its outstanding Series F Convertible Preferred Stock ("F Stock"). Each share of F-1 Stock and F Stock has a stated value of $1,000.
- [F2]The preferred stock has no expiration date.
- [F3]The Reporting Person's shares of Series F-1 Convertible Preferred Stock are convertible into shares of common stock, par value $0.0001 per share, subject to a 19.99% beneficial ownership limitation.
Documents
Issuer
Nuwellis, Inc.
CIK 0001506492
Entity typeother
Related Parties
1- filerCIK 0001213867
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 8:43 PM ET
- Size
- 13.5 KB