4//SEC Filing
Baum Douglas R 4
Accession 0001493152-24-006070
CIK 0001310527other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 4:00 PM ET
Size
11.5 KB
Accession
0001493152-24-006070
Insider Transaction Report
Form 4
Baum Douglas R
DirectorCEO & Director
Transactions
- Conversion
Common Stock
2024-02-06$3.00/sh+1,302$3,906→ 376,849 total - Conversion
Series B Convertible Preferred Stock
2024-02-06→ 0 totalExercise: $3.00From: 2021-01-27→ Common Stock (1,302 underlying)
Holdings
- 12,500
Options to buy common stock
Exercise: $10.00Exp: 2032-03-03→ Common Stock (12,500 underlying) - 3,125
Options to buy common stock
Exercise: $14.40Exp: 2031-08-23→ Common Stock (3,125 underlying) - 200
Options to buy common stock
Exercise: $20.00Exp: 2025-01-14→ Common Stock (200 underlying)
Footnotes (4)
- [F1]The Series B Convertible Preferred Stock was convertible into common stock at any time and had no expiration date. Pursuant to an Exchange Agreement signed by and between the Issuer and all Series B Preferred Stockholders as of 11/18/23, the Series B Preferred Stock was automatically exchangeable for common stock of the Issuer at a price of $3.00 per share upon the Issuer listing on Nasdaq or signing an agreement to be acquired.
- [F2]The option vests annually in two equal installments beginning on 3/3/2023.
- [F3]The option vested annually in two equal installments beginning on 1/14/2021.
- [F4]The option vested semi-annually in two equal installments beginning on 2/24/2022.
Documents
Issuer
QSAM Biosciences, Inc.
CIK 0001310527
Entity typeother
Related Parties
1- filerCIK 0001422574
Filing Metadata
- Form type
- 4
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 4:00 PM ET
- Size
- 11.5 KB