MCMORRAN DOREEN 4
4 · SKINVISIBLE, INC. · Filed Feb 2, 2023
Insider Transaction Report
Form 4
MCMORRAN DOREEN
10% Owner
Transactions
- Conversion
Debt Conversion Rights (Warrant)
2023-01-31+12,562,975→ 37,724,925 totalExercise: $0.15From: 2023-01-31Exp: 2028-01-30→ Common Stock (12,562,975 underlying) - Conversion
Debt Conversion Rights
2023-01-31+25,125,950→ 25,161,950 totalExercise: $0.10From: 2023-01-31Exp: 2028-01-30→ Common Stock (25,125,950 underlying)
Footnotes (1)
- [F1]On January 31, 2023 the Issuer entered into a Debt Conversion Agreement with Ms. McMorran totaling $2,512,595. 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.