4//SEC Filing
Evans David W 4
Accession 0001493152-19-013279
CIK 0001642375other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 4:52 PM ET
Size
11.6 KB
Accession
0001493152-19-013279
Insider Transaction Report
Form 4
Evans David W
Director10% Owner
Transactions
- Award
Common Stock
2019-08-15$0.44/sh+20,000$8,800→ 1,522,500 total - Disposition to Issuer
Warrant
2019-08-21−20,000→ 0 totalExercise: $0.58Exp: 2024-08-15→ Common Stock (20,000 underlying) - Award
Common Stock
2019-08-21+20,000→ 1,542,500 total - Award
Warrant
2019-08-15+20,000→ 20,000 totalExercise: $0.58Exp: 2024-08-15→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Reporting Person purchased 20,000 shares and 20,000 warrants (the "Warrants") at a combined purchase price of $.45 per share and warrant in the issuer's public offering (the "Offering"), which closed on August 15, 2019. The Warrants are exercisable immediately, and expire five years from the date of issuance.
- [F2]The Warrants provide that, beginning on the earlier of (i) 30 days from August 12, 2019 and (ii) the date on which the issuer's common stock trades an aggregate of more than 40,000,000 shares after the announcement of the pricing of the Offering, and ending on the twelve (12) month anniversary thereof, each Warrant may be exercised at the option of the holder on a cashless basis at a ratio of one Warrant for one share of common stock, in whole or in part, if the weighted average price of the common stock on the trading day immediately prior to the exercise date fails to exceed the initial exercise price of the Warrant. The reporting person exercised the Warrant, on a cashless basis at a ratio of one Warrant for one share of common stock, on August 21, 2019.
Documents
Issuer
Guardion Health Sciences, Inc.
CIK 0001642375
Entity typeother
Related Parties
1- filerCIK 0001717370
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 4:52 PM ET
- Size
- 11.6 KB