TearLab Corp 4
4 · TearLab Corp · Filed May 11, 2016
Insider Transaction Report
Form 4
TearLab CorpTEAR
Jensen Joseph
President and COO
Transactions
- Purchase
Common Stock
2016-05-09+133,332→ 225,400 total - Purchase
Warrant
2016-05-09+66,666→ 66,666 totalExercise: $1.13Exp: 2021-05-09→ Common Stock (66,666 underlying)
Footnotes (2)
- [F1]The reported securities are included within 133,332 Class A Units of TEAR, purchased by the reporting person for $0.75 per Unit. Each Unit consists of one share of common stock and a warrant to purchase 0.5 shares of common stock at an exercise price of $1.125 per full share of common stock.
- [F2]The warrant will be exercisable from the later of (i) stockholder approval to increase the authorized number of shares of common stock of TEAR, and (ii) 12 months from the date of issuance and will expire five years from the date on which such warrant becomes exercisable.