4//SEC Filing
Wallberg Terrance K 4
Accession 0001372353-13-000001
CIK 0001168220other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 12:29 PM ET
Size
11.2 KB
Accession
0001372353-13-000001
Insider Transaction Report
Form 4
ULURU INC.ULUR
Wallberg Terrance K
Chief Financial Officer
Transactions
- Award
Employee Stock Option (Right to Buy)
2013-03-20+90,000→ 90,000 totalExercise: $0.33From: 2013-03-20Exp: 2023-03-20→ Common Stock (90,000 underlying)
Holdings
- 13,334
Employee Stock Option (Right to Buy)
Exercise: $14.25Exp: 2016-12-06→ Common Stock (13,334 underlying) - 124,257
Common Stock
- 60,000
Warrant
Exercise: $0.60From: 2013-09-10Exp: 2018-03-14→ Common Stock (60,000 underlying) - 5,334
Employee Stock Option (Right to Buy)
Exercise: $34.65Exp: 2018-02-12→ Common Stock (5,334 underlying)
Footnotes (4)
- [F1]The employee stock options became exercisable with respect to 15,000 shares of the Company's common stock on March 20, 2013 and will become exercisable with respect to an additional 75,000 shares of the Company's common stock over a three year period with the vesting of such additional shares of the Company's common stock being determined every nine months upon a review and evaluation by the Company's Compensation Committee of Mr. Wallberg's contribution to the progress of the Company's business plan.
- [F2]On March 14, 2013, Mr. Wallberg purchased from the Company 100,000 shares of common stock at a price of $0.40 per share. The purchase will take place at the following four closings over the next twelve months: (i) 20,000 shares of common stock were purchased at a price of $8,000 at the initial closing of March 14, 2013, (ii) 25,000 shares of common stock will be purchased at a price of $10,000 on July 14, 2013, (iii) 30,000 shares of common stock will be purchased at a price of $12,000 on November 14, 2013, and (iv) 25,000 shares of common stock will be purchased at a price of $10,000 on March 14, 2014. In connection with his purchase of the Company's common stock, Mr. Wallberg was also issued a warrant to acquire up to 60,000 shares of the Company's common stock at a fixed exercise price of $0.60 per share. The warrant will become exercisable on September 10, 2013 subject to payment of the sums described above and has an expiration date of March 14, 2018.
- [F3]These employee stock options became fully vested on December 6, 2010.
- [F4]These employee stock options became fully vested on February 12, 2012.
Documents
Issuer
ULURU INC.
CIK 0001168220
Entity typeother
Related Parties
1- filerCIK 0001372353
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 12:29 PM ET
- Size
- 11.2 KB