4//SEC Filing
Kerschbaumer Helmut 4
Accession 0001372353-13-000002
CIK 0001168220other
Filed
Mar 21, 8:00 PM ET
Accepted
Mar 22, 1:13 PM ET
Size
13.8 KB
Accession
0001372353-13-000002
Insider Transaction Report
Form 4
ULURU INC.ULUR
Kerschbaumer Helmut
Director10% Owner
Transactions
- Award
Stock Option (Right to Buy)
2013-03-20+100,000→ 100,000 totalExercise: $0.33From: 2013-09-20Exp: 2023-03-20→ Common Stock (100,000 underlying)
Holdings
- 1,000,000(indirect: By IPMD GmbH)
Common Stock
- 4,000,000(indirect: By IPMD GmbH)
Securities Purchase Agreement
Exercise: $0.40Exp: 2014-01-03→ Common Stock (4,000,000 underlying) - 3,000,000(indirect: By IPMD GmbH)
Warrant
Exercise: $0.60From: 2013-01-03Exp: 2014-01-03→ Common Stock (3,000,000 underlying)
Footnotes (5)
- [F1]IPMD GmbH is the owner of 1,000,000 shares of common stock acquired pursuant to a Securities Purchase Agreement dated December 21, 2012.
- [F2]Mr. Kerschbaumer is a director of IPMD GmbH and thereby has voting and investment powers over such shares, but disclaims beneficial ownership of the shares reported herein, except to the extent of his pecuniary interest therein, and the inclusion of the shares reported herein shall not be deemed an admission of beneficial ownership of such shares for the purposes of Section 16 or for any other purpose.
- [F3]The stock options will become exercisable over a two year period with 25,000 shares of the Company's common stock vesting on September 20, 2013, March 20, 2014, September 20, 2014, and March 20, 2015, respectively.
- [F4]As part of the Securities Purchase Agreement dated December 21, 2012, IPMD GmbH has committed to purchase 4,000,000 additional shares of common stock in three tranches over the next ten months; with 1,250,000 shares, 1,500,000 shares, and 1,250,000 shares of common stock being committed to purchase on May 3, 2013, September 3, 2013, and January 3, 2014, respectively.
- [F5]IPMD GmbH is the holder of a warrant to purchase up to 3,000,000 shares of common stock acquired pursuant to a Securities Purchase Agreement dated December 21, 2012. The warrants have vested with respect to 600,000 shares of common stock and, provided that IPMD GmbH complies with its obligation to purchase additional shares of common stock at three subsequent closings scheduled over the next ten months, will vest with respect to 750,000 shares of common stock on May 3, 2013, 900,000 shares of common stock on September 3, 2013, and 750,000 shares of common stock on January 3, 2014 assuming each of the closings scheduled on such date occurs.
Issuer
ULURU INC.
CIK 0001168220
Entity typeother
Related Parties
1- filerCIK 0001567486
Filing Metadata
- Form type
- 4
- Filed
- Mar 21, 8:00 PM ET
- Accepted
- Mar 22, 1:13 PM ET
- Size
- 13.8 KB