Nemelka David Nephi Jr. 4

4 · SANUWAVE Health, Inc. · Filed Feb 1, 2011

Form 4

Period: 2011-01-31

10% Owner

Transactions

Exercise of In-Money
Common Stock, $0.001 Par
2011-01-31+300,000→ 605,000 total(indirect: By 401(k))
Exercise of In-Money
Class D Common Stock Purchase Warrant (right to buy)
2011-01-31+300,000→ 350,000 total(indirect: By 401(k))
Exercise: $2.00Exp: 2012-10-12→ Common Stock, $0.001 Par (300,000 underlying)
Exercise of In-Money
Common Stock, $0.001 Par
2011-01-31+386,252→ 839,259 total
Exercise of In-Money
Unit Purchase Option (right to buy)
2011-01-31−300,000→ 0 total(indirect: By 401(k))
Exercise: $2.00Exp: 2011-01-31→ Common Stock, $0.001 Par, and Class D Warrant (300,000 underlying)
Exercise of In-Money
Class D Common Stock Purchase Warrant (right to buy)
2011-01-31+386,252→ 772,504 total
Exercise: $2.00Exp: 2012-10-12→ Common Stock, $0.001 Par (386,252 underlying)
Exercise of In-Money
Unit Purchase Option (right to buy)
2011-01-31−386,252→ 0 total
Exercise: $2.00Exp: 2011-01-31→ Common Stock, $0.001 Par, and Class D Warrant (386,252 underlying)

Holdings

Footnotes (3)

[F1]The transaction involved the exercise by the reporting person of Unit Purchase Options which gave the reporting person the right to buy 386,252 Units for a purchase price of $2.00 per Unit. Each Unit consists of (i) one share of Common Stock, $0.001 par value, and (ii) one two-year Class D Common Stock Purchase Warrant to purchase one share of Common Stock at an exercise price of $2.00. The expiration date of the Unit Purchase Options was extended by the Issuer from 12-31-10 to 1-31-11.
[F2]The transaction involved the exercise by the reporting person's Roth 401(k) of Unit Purchase Options which gave the reporting person's Roth 401(k) the right to buy 300,000 Units for a purchase price of $2.00 per Unit. Each Unit consists of (i) one share of Common Stock, $0.001 par value, and (ii) one two-year Class D Common Stock Purchase Warrant to purchase one share of Common Stock at an exercise price of $2.00. The expiration date of the Unit Purchase Options was extended by the Issuer from 12-31-10 to 1-31-11.
[F3]Immediately.

Documents

1 file