Gruber Joerg 4
4 · Pathfinder Cell Therapy, Inc. · Filed Oct 5, 2011
Insider Transaction Report
Form 4
Gruber Joerg
Director
Transactions
- Award
Common Stock
2011-09-02+45,799,947→ 49,539,393 total - Other
Warrants
2011-09-02+6,276,306→ 6,276,306 total(indirect: By Clubb Capital Limited)Exercise: $0.06From: 2011-09-02Exp: 2016-09-30→ Common Stock (6,276,306 underlying)
Holdings
- 823,000(indirect: By Clubb Capital Limited)
Common Stock
Footnotes (4)
- [F1]Received in exchange for 1,000,000 membership units of Pathfinder, LLC, a private company, in connection with and pursuant to the merger of Pathfinder, LLC with a wholly-owned subsidiary of Pathfinder Cell Therapy, Inc.(the "Merger"). On the effective date of the Merger (September 2, 2011), the closing price of Pathfinder Cell Therapy Inc.'s common stock was $.06 per share. No stand-alone valuation of Pathfinder, LLC was determined in connection with the Merger.
- [F2]The reporting person is Chairman and a director of Clubb Capital Limited. The reporting person disclaims beneficial ownership of the securities held by Clubb Capital Limited except to the extent of his pecuniary interest therein.
- [F3]Warrant entitlement is partial compensation for services by Clubb Capital Limited as placement agent in connection with a financing consummated by the issuer.
- [F4]Clubb Capital Limited has the right and is expected to cause the warrants reflected in this report to be issued to persons designated by it.