Newman James W. Jr. 4
4 · ADIAL PHARMACEUTICALS, INC. · Filed Nov 13, 2018
Insider Transaction Report
Form 4
Newman James W. Jr.
Director
Transactions
- Other
Warrant to purchase common stock
2018-11-12+20,000→ 20,000 total(indirect: By LLC)Exercise: $5.00From: 2018-11-12Exp: 2023-07-31→ Common Stock (20,000 underlying) - Other
Warrant to purchase units
2018-11-12−92,000→ 0 total(indirect: By LLC)Exercise: $5.00From: 2018-07-31Exp: 2023-07-31→ Units (184,000 underlying) - Other
Warrant to purchase common stock
2018-11-12+92,000→ 92,000 total(indirect: By LLC)Exercise: $5.00From: 2018-11-12Exp: 2023-07-31→ Common Stock (92,000 underlying) - Other
Warrant to purchase common stock
2018-11-12+92,000→ 92,000 total(indirect: By LLC)Exercise: $6.25From: 2018-11-12Exp: 2023-07-31→ Common Stock (92,000 underlying) - Other
Warrant to purchase units
2018-11-12−20,000→ 0 total(indirect: By LLC)Exercise: $5.00From: 2018-07-31Exp: 2023-07-31→ Units (40,000 underlying) - Other
Warrant to purchase common stock
2018-11-12+20,000→ 20,000 total(indirect: By LLC)Exercise: $6.25From: 2018-11-12Exp: 2023-07-31→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]On November 12, 2018, Ivy Cottage Group, LLC exchanged a warrant to purchase 20,000 units, each unit consisting of a share of common stock and a warrant to purchase a share of common stock, for two separate warrants to purchase 20,000 shares of common stock. Mr. Newman is the general partner of Ivy Cottage Group, LLC.
- [F2]On November 12, 2018, Virga Ventures, LLC exchanged a warrant to purchase 92,000 units, each unit consisting of a share of common stock and a warrant to purchase a share of common stock, for two separate warrants to purchase 92,000 shares of common stock. Mr. Newman is the sole member of Virga Ventures, LLC.