4//SEC Filing
PAPPAJOHN JOHN 4
Accession 0001615774-18-002319
CIK 0000822370other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 7:16 PM ET
Size
14.6 KB
Accession
0001615774-18-002319
Insider Transaction Report
Form 4
PAPPAJOHN JOHN
Director10% Owner
Transactions
- Award
Warrant
2018-03-29$62500.00/sh+500,000$31,250,000,000→ 500,000 totalExercise: $2.34→ Common Stock (500,000 underlying) - Award
Series A Preferred Stock
2018-03-29$937500.00/sh+500,000$468,750,000,000→ 500,000 total(indirect: See Footnote)Exercise: $1.88→ Common Stock (500,000 underlying) - Award
Warrant
2018-03-29$62500.00/sh+500,000$31,250,000,000→ 500,000 total(indirect: See Footnote)Exercise: $2.34→ Common Stock (500,000 underlying) - Award
Series A Preferred Stock
2018-03-29$937500.00/sh+500,000$468,750,000,000→ 500,000 totalExercise: $1.88→ Common Stock (500,000 underlying)
Footnotes (4)
- [F1]500,000 shares of Series A Preferred Stock and Warrants to purchase 500,000 shares of Common Stock were purchased by the Reporting Person for an aggregate of $1,000,000 pursuant to a Subscription Agreement, dated as of March 29, 2018 (the "Subscription Agreement"), between the Issuer and the investors party thereto. The Series A Preferred Stock are convertible by the Reporting Person as of the date of the Subscription Agreement and are convertible at a conversion price of $1.875 per share.
- [F2]Each Share of Series A Preferred Stock is convertible, at the holder's option at any time, initially into 500,000 shares of the Issuer's Common Stock, subject to specific adjustments and limitations as set forth in the Certificate of Designation pertaining to such Series A Preferred Stock.
- [F3]Reporting Person beneficially owns 500,000 shares of Series a Preferred Stock and Warrants to purchase 500,000 shares of Common Stock that were purchased by his spouse, Mary Pappajohn. These shares of Series a Preferred Stock and Warrants were purchased pursuant to the Subscription Agreement, dated as of March 29, 2018. Mr. Pappajohn disclaims beneficial ownership of any shares of Series A Preferred Stock and Warrants held by Mrs. Pappajohn.
- [F4]Each Warrant entitles its holder to purchase one share of Common Stock at an exercise price of $2.34 per share, subject to adjustment, at any time commencing on March 29, 2018 and expiring on March 29, 2023 (or earlier upon redemption or liquidation).
Documents
Issuer
MYnd Analytics, Inc.
CIK 0000822370
Entity typeother
Related Parties
1- filerCIK 0000897464
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 7:16 PM ET
- Size
- 14.6 KB