MCMORRAN DOREEN 4
4 · SKINVISIBLE, INC. · Filed Oct 24, 2019
Insider Transaction Report
Form 4
MCMORRAN DOREEN
10% Owner
Transactions
- Conversion
Debt Conversion Rights (Warrant)
2019-06-30+5,144,755→ 15,470,265 totalExercise: $0.30From: 2019-06-30Exp: 2024-12-31→ Common Stock (5,144,755 underlying) - Conversion
Debt Conversion Rights
2019-06-30+10,289,510→ 10,325,510 totalExercise: $0.20From: 2019-06-30Exp: 2024-12-31→ Common Stock (10,289,510 underlying)
Footnotes (1)
- [F1]On June 30, 2019 the Issuer entered into a Debt Conversion Agreement with Ms. McMorran totaling $2,057,902. Under the terms of the Debt Conversion Agreement, Ms. McMorran has the right to convert the debt amount into common stock of the Issuer as well as a warrant agreement to purchase one share for every two shares acquired. The expiration date on the warrant is 3 years from the date of conversion.