Apollo Medical Holdings, Inc. 4
4 · Apollo Medical Holdings, Inc. · Filed Apr 1, 2016
Insider Transaction Report
Form 4
Network Medical Management, Inc.
10% Owner
Transactions
- Purchase
Series B Preferred Stock
2016-03-30$9.00/sh+555,555$4,999,995→ 555,555 totalFrom: 2016-03-30→ Common Stock (555,555 underlying) - Purchase
Warrants to purchase Common Stock
2016-03-30$9.00/sh+555,555$4,999,995→ 1,666,666 totalExercise: $10.00From: 2016-03-30Exp: 2021-03-30→ Common Stock (555,555 underlying)
Footnotes (2)
- [F1]Reporting Party purchased 555,555 investment units at $9.00 per unit. Each investment unit is comprised of (a) one (1) share of Series B Preferred Stock that may be converted into one (1) share of Common Stock, and (b) one (1) warrant to purchase one (1) share of Common Stock at an exercise price of $10.00 per share.
- [F2]The Series B Preferred Stock is convertible into Common Stock, (a) at the option of the holder thereof at any time after issuance, and (b) mandatorily at any time prior to and including March 31, 2017, if the Issuer receives aggregate gross proceeds of not less than $5,000,000 in one or more transactions for the sale of its equity securities or securities convertible into, or exchangeable for, equity securities (other than any transactions with the holder of the Series B Preferred Stock). The Series B Preferred Stock is convertible into Common Stock at an initial conversion rate of one-for-one, subject to adjustment in the event of stock dividends, stock splits and certain other similar transactions.