CACHET FINANCIAL SOLUTIONS, INC. 4
4 · CACHET FINANCIAL SOLUTIONS, INC. · Filed Dec 29, 2016
Insider Transaction Report
Form 4
DAVIS JAMES L
Director
Transactions
- Award
Warrant to Purchase Common Stock
2016-12-28$4.94/sh+16,667$82,335→ 16,667 totalExercise: $4.94From: 2016-12-28Exp: 2021-12-28→ Common Stock (16,667 underlying) - Award
Warrant to Purchase Common Stock
2016-12-22$5.55/sh+2,253$12,504→ 2,253 totalExercise: $5.55From: 2016-12-22Exp: 2021-12-22→ Common Stock (2,253 underlying)
Footnotes (2)
- [F1]Pursuant to a Note Payable agreement, dated February 11, 2016, amended March 29, 2016, and July 27, 2016, between the Issuer and the reporting person, the reporting person was issued warrants as pursuant to the terms of the Note Payable.
- [F2]Issued pursuant to a convertible promissory note. The exercise price of the warrants is the lower of $5.55 and 80% of the per share price of the Issuer's common stock in the Issuer's next underwritten public offering.