Home/Filings/4/0001493152-23-028716
4//SEC Filing

Morris Jeffrey Allen 4

Accession 0001493152-23-028716

CIK 0000315545other

Filed

Aug 13, 8:00 PM ET

Accepted

Aug 14, 7:07 PM ET

Size

9.0 KB

Accession

0001493152-23-028716

Insider Transaction Report

Form 4
Period: 2023-08-11
Transactions
  • Award

    8% Secured Convertible Promissory Note

    2023-08-11244,584 total
    Exercise: $2.86From: 2023-08-11Exp: 2024-08-11Series D-1 Convertible Preferred Stock (244,584 underlying)
Holdings
  • Common Stock

    12,000,000
  • Common Stock

    (indirect: By IRA)
    6,500,000
  • Series D-1 Convertible Preferred Stock

    3,995,747
Footnotes (5)
  • [F1]The reporting person has sole voting and dispositive power over 12,000,000 shares of Common Stock.
  • [F2]The reporting person has sole voting and dispositive power over 6,500,000 shares of Common Stock owned through an IRA retirement plan.
  • [F3]The reporting person has sole voting and dispositive power over 3,995,747 shares of Series D-1 Convertible Preferred Stock, convertible into 39,957,470 shares of Common Stock.
  • [F4]The Reporting Person may voluntarily elect to convert the outstanding principal and interest of the 8% unsecured convertible promissory note (the "Note") at any time while the Note is outstanding into shares of Series D-1 Convertible Preferred Stock, par value $0.001 per share ("Series D-1 Preferred Stock") at a price per share equal to $2.862. The outstanding principal and interest of the Note will automatically convert into shares of Series D-1 Preferred Stock at a price per share equal to $2.862 on the date which is twelve months after the issue date of the Note. The Note was issued pursuant to the Issuer's 2022 Financing.
  • [F5]Each share of Series D-1 Preferred Stock is convertible into 10 shares of the Issuer's common stock, par value $0.001 per share ("Common Stock").

Documents

1 file

Issuer

PROVECTUS BIOPHARMACEUTICALS, INC.

CIK 0000315545

Entity typeother

Related Parties

1
  • filerCIK 0001959175

Filing Metadata

Form type
4
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 7:07 PM ET
Size
9.0 KB