ABRAMS MICHAEL S 4
4 · Arch Therapeutics, Inc. · Filed Sep 8, 2023
Insider Transaction Report
Form 4
ABRAMS MICHAEL S
CFO and Treasurer
Transactions
- Purchase
Common Stock
2023-08-31$0.28/sh+10,292$2,830→ 10,292 total - Award
Warrants (right to buy)
2023-08-31+20,584→ 20,584 totalExercise: $1.00Exp: 2028-08-31→ Common Stock (20,584 underlying)
Footnotes (2)
- [F1]The warrants are exercisable after the earlier of (A) the six-month anniversary after the date of issuance and (B) the date that a registration statement registering the shares underlying the warrants is declared effective.
- [F2]The warrants were sold as part of a unit with the shares of common stock reported in Table I, at a price of $0.275 per share of common stock and accompanying warrant to purchase two shares of common stock.