SCHUMACHER RICHARD T 4
4 · PRESSURE BIOSCIENCES INC · Filed Sep 16, 2021
Insider Transaction Report
Form 4
SCHUMACHER RICHARD T
DirectorPresident and CEO10% Owner
Transactions
- Purchase
COMMON STOCK WARRANT
2021-09-14+23,291→ 23,291 totalExercise: $3.50From: 2021-09-14Exp: 2026-09-14→ COMMON STOCK (23,291 underlying) - Purchase
SERIES AA CONVERTIBLE PREFERRED STOCK
2021-09-14$2500.00/sh+23.3$58,250→ 32.1 totalExercise: $2.50From: 2021-09-14→ COMMON STOCK (23,291 underlying)
Footnotes (3)
- [F1]Each share of Series AA Convertible Preferred Stock converts into 1,000 shares of the Company's Common Stock at a conversion price of $2.50 per share.
- [F2]Each Warrant gives the investor the right to purchase the number of shares of Common Stock equal to 100% of the number of shares of Common Stock issuable upon conversion of the total number of Series AA Convertible Preferred Stock units purchased, at an exercise price of $3.50 per share.
- [F3]No expiration date for the Series AA preferred stock.