McClary Andrew 4
4 · Azitra Inc · Filed Jun 26, 2023
Insider Transaction Report
Form 4
Azitra IncAZTR
McClary Andrew
Director
Transactions
- Conversion
Common stock, $0.0001 par value
2023-06-21+16,975→ 16,975 total(indirect: See Footnote) - Conversion
Common stock, $0.0001 par value
2023-06-21+42,347→ 42,347 total(indirect: See Footnote) - Conversion
Unsecured convertible note
2023-06-21$2.50/sh→ 0 total→ Common stock (16,975 underlying) - Conversion
Series A-1 Convertible Preferred Stock, par value $0.0001
2023-06-21$2.50/sh−249,474$623,685→ 0 total(indirect: See Footnote)→ Common stock (42,347 underlying)
Footnotes (4)
- [F1]The shares of Series A preferred stock automatically converted into the Issuer's common stock upon the completion of the Issuer's IPO at the conversion price of $2.50 per share.
- [F2]The unsecured convertible note, including principal and accrued interest in the amount of $105,867.50, automatically converted into the Issuer's common stock upon the completion of the Issuer's IPO at the conversion price of $2.50 per share.
- [F3]The securities are held by KdT Ventures Fund I, LP, of which Mr. McClary is the managing partner.
- [F4]Not applicable.