4//SEC Filing
MYnd Analytics, Inc. 4
Accession 0001615774-16-007356
$EMMACIK 0000822370operating
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 6:06 PM ET
Size
11.8 KB
Accession
0001615774-16-007356
Insider Transaction Report
Form 4
Carpenter George C IV
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2016-09-21$5.00/sh+20,254$101,270→ 32,208 total - Exercise/Conversion
5% Secured Convertible Note due December 2017
2016-09-21Exercise: $5.00From: 2016-09-01Exp: 2017-12-31→ Common Stock (20,254 underlying) - Disposition to Issuer
Common Stock Warrant
2016-09-21→ 0 totalExercise: $10.00Exp: 2020-12-31→ Common Stock (10,000 underlying)
Footnotes (6)
- [F1]All information provided herein has been adjusted where necessary to give effect to the 1-for-200 reverse stock split effected on September 21, 2016.
- [F2]Securities are held in the name of George and Jill Carpenter.
- [F3]Two notes in the aggregate principal amount of $100,000 were purchased by the Reporting Person on May 4, 2016 and August 3, 2016 pursuant to a Note and Warrant Purchase Agreement, dated as of September 22, 2014, as amended (the "Note and Warrant Purchase Agreement"), between the Issuer and the investors party thereto. These notes were convertible by the Reporting Person starting December 16, 2017 through December 31, 2017.
- [F4]On September 19, 2016, the Issuer entered into a Second Omnibus Amendment (the "Amendment") between the Issuer and the investors party thereto, to the Note and Warrant Purchase Agreement, which granted the Issuer the option, exercisable at any time after September 1, 2016, to mandatorily convert all notes issued pursuant to the Note and Warrant Purchase Agreement into shares of the Issuer's common stock at $5.00 per share (subject to certain adjustments) (the "Mandatory Conversion"). On September 19, 2016, the Issuer exercised its Mandatory Conversion option under the Amendment, and on September 21, 2016 caused the conversion of $100,000 in aggregate principal amount of the Reporting Person's notes, with accrued interest thereon of $1267.12, at a conversion price of $5.00 per share of common stock.
- [F5]The Amendment provided that upon the conversion of the notes issued pursuant to the Note and Warrant Purchase Agreement, which was caused by the Issuer on September 21, 2016, all warrants issued pursuant to the Note and Warrant Purchase Agreement would be cancelled.
- [F6]The Common Stock Warrants were exercisable as of their respective dates of issuance.
Documents
Issuer
MYnd Analytics, Inc.
CIK 0000822370
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000822370
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 6:06 PM ET
- Size
- 11.8 KB