Witherill Michael J 4
4 · Bio-Matrix Scientific Group, Inc. · Filed May 7, 2020
Insider Transaction Report
Form 4
Witherill Michael J
DirectorVice Chairman and President10% Owner
Transactions
- Purchase
Common Stock
2020-04-13+31,265,982→ 33,448,100 total(indirect: By Debbie Rasmussen) - Purchase
Common Stock
2020-04-13+11,000,000→ 44,448,100 total(indirect: By LLC)
Footnotes (5)
- [F1]These shares are held by Mr. Witherill's wife, Debbie Rasmussen. Mr. Witherill disclaims beneficial ownership of the 31,265,982 shares owned by Ms. Rasmussen, and this report cannot be deemed an admission that Mr. Witherill is the beneficial owner of those securities for purposes of Section 16 or for any other purpose.
- [F2]Debbie Rasmussen, as the reporting person, acquired 31,265,983 shares in exchange for units owned by the reporting person in the issuer's subsidiary Rivulet Films, LLC, as part of a merger. The merger agreement, which closed on April 13, 2020, placed a value on issuers common stock of $0.11 per share the closing price on that date.
- [F3]These shares are held by Mr. Witherill's wife, Debbie Rasmussen. Mr. Witherill disclaims beneficial ownership of the 33,448,100 shares owned by Ms. Rasmussen, and this report cannot be deemed an admission that Mr. Witherill is the beneficial owner of those securities for purposes of Section 16 or for any other purpose.
- [F4]These shares are held by Blue Scout Enterprises LLC, of which Mr. Witherill is sole manager.
- [F5]Blue Scout Enterprises LLC, as the reporting person, acquired 11,000,000 shares in exchange for units owned by the reporting person in the issuer's subsidiary Rivulet Films, LLC, as part of a merger. The merger agreement, which closed on April 13, 2020, placed a value on issuers common stock of $0.11 per share the closing price on that date.