4//SEC Filing
MYnd Analytics, Inc. 4
Accession 0001615774-15-003753
$EMMACIK 0000822370operating
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 8:42 PM ET
Size
7.2 KB
Accession
0001615774-15-003753
Insider Transaction Report
Form 4
FOLLMAN ROBERT J
Director10% Owner
Transactions
- Award
Common Stock Warrant
2015-12-23+5,000,000→ 5,000,000 total(indirect: By Trust)Exercise: $0.05From: 2015-12-23Exp: 2020-12-31→ Common Stock (5,000,000 underlying)
Footnotes (3)
- [F1]The expiration date of the warrant is the earlier of (i) December 31, 2020 and (ii) the date that is forty-five (45) days following the date on which the daily closing price of the Issuer's shares of common stock listed on the OTCQB Venture Marketplace (or other bulletin board or exchange on which the Issuer's common stock is traded or listed) exceeds $0.25 for at least ten (10) consecutive trading days.
- [F2]On December 23, 2015, the Issuer and the holders of the 5% Secured Convertible Notes due December 2017 (formerly due March 2016) (the "Notes") entered into a Second Amended and Restated Note and Warrant Purchase Agreement (the "Agreement"), which (i) extended the maturity date of the Notes to December 31, 2017; (ii) provided for the issuance of certain warrants to prior and current investors; (iii) extended the time during which Notes may be issued; and (iv) increased the aggregate principal amount of Notes issuable. Pursuant to the Agreement, in consideration for extending the maturity date of the Notes, the Reporting Person received a warrant to purchase shares of the Issuer's common stock, exercisable at $0.05 per share, equal to the aggregate principal amount of Notes held by the Reporting Person prior to December 23, 2015.
- [F3]Warrant to purchase shares of common stock is held in the name of the Declaration of Trust of Robert J. Follman and Carole A. Follman, dated August 14, 1979 of which Mr. Follman is a trustee.
Documents
Issuer
MYnd Analytics, Inc.
CIK 0000822370
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000822370
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 8:42 PM ET
- Size
- 7.2 KB