Home/Filings/4/0000919574-25-002089
4//SEC Filing

Manchester Explorer, L.P. 4

Accession 0000919574-25-002089

CIK 0001074871other

Filed

Mar 23, 8:00 PM ET

Accepted

Mar 24, 9:34 PM ET

Size

58.6 KB

Accession

0000919574-25-002089

Insider Transaction Report

Form 4
Period: 2025-03-20
Transactions
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+156,250$300,000422,000 total
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+78,125$87,50078,125 total
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (78,125 underlying)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+520,832$999,9973,805,575 total(indirect: See footnote)
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+260,416$291,666260,416 total(indirect: See footnote)
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (260,416 underlying)
Holdings
  • Option to purchase common stock

    Exercise: $1.39From: 2024-12-31Exp: 2034-12-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.56From: 2024-06-30Exp: 2034-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.78From: 2023-12-29Exp: 2033-12-29Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.44From: 2023-03-31Exp: 2033-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $5.90From: 2021-06-30Exp: 2031-06-30Common Stock, par value $0.001 per share (5,297 underlying)
    5,297
  • Option to purchase common stock

    Exercise: $2.87From: 2020-01-01Exp: 2030-05-12Common Stock, par value $0.001 per share (50,000 underlying)
    50,000
  • Option to purchase common stock

    Exercise: $1.95From: 2024-03-31Exp: 2034-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.16From: 2023-09-30Exp: 2033-09-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (17,943 underlying)
    17,943
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-10Exp: 2027-02-10Common Stock, par value $0.001 per share (300,000 underlying)
    300,000
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (9,987 underlying)
    9,987
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $5.16From: 2022-06-30Exp: 2032-06-30Common Stock, par value $0.001 per share (3,634 underlying)
    3,634
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-14Exp: 2027-02-14Common Stock, par value $0.001 per share (234,274 underlying)
    234,274
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $8.61From: 2022-02-06Exp: 2027-02-06Common Stock, par value $0.001 per share (119,237 underlying)
    119,237
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (8,389 underlying)
    8,389
  • Common Stock, par value $0.001 per share

    (indirect: See footnote)
    330,473
  • Common Stock, par value $0.001 per share

    206,226
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $5.16From: 2022-07-19Exp: 2032-07-19Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (2,097 underlying)
    2,097
  • Option to purchase common stock

    Exercise: $1.11Exp: 2033-10-02Common Stock, par value $0.001 per share (135,136 underlying)
    135,136
  • Option to purchase common stock

    Exercise: $0.93From: 2023-06-30Exp: 2033-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (4,486 underlying)
    4,486
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (2,497 underlying)
    2,497
BESSER JAMES E
Chief Executive Officer10% Owner
Transactions
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+78,125$87,50078,125 total
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (78,125 underlying)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+156,250$300,000422,000 total
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+260,416$291,666260,416 total(indirect: See footnote)
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (260,416 underlying)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+520,832$999,9973,805,575 total(indirect: See footnote)
Holdings
  • Option to purchase common stock

    Exercise: $0.93From: 2023-06-30Exp: 2033-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.56From: 2024-06-30Exp: 2034-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Common Stock, par value $0.001 per share

    (indirect: See footnote)
    330,473
  • Option to purchase common stock

    Exercise: $1.16From: 2023-09-30Exp: 2033-09-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $1.78From: 2023-12-29Exp: 2033-12-29Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (4,486 underlying)
    4,486
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-10Exp: 2027-02-10Common Stock, par value $0.001 per share (300,000 underlying)
    300,000
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (2,497 underlying)
    2,497
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-14Exp: 2027-02-14Common Stock, par value $0.001 per share (234,274 underlying)
    234,274
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (8,389 underlying)
    8,389
  • Option to purchase common stock

    Exercise: $5.90From: 2021-06-30Exp: 2031-06-30Common Stock, par value $0.001 per share (5,297 underlying)
    5,297
  • Common Stock, par value $0.001 per share

    206,226
  • Option to purchase common stock

    Exercise: $1.44From: 2023-03-31Exp: 2033-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.39From: 2024-12-31Exp: 2034-12-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.95From: 2024-03-31Exp: 2034-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.11Exp: 2033-10-02Common Stock, par value $0.001 per share (135,136 underlying)
    135,136
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $5.16From: 2022-06-30Exp: 2032-06-30Common Stock, par value $0.001 per share (3,634 underlying)
    3,634
  • Option to purchase common stock

    Exercise: $5.16From: 2022-07-19Exp: 2032-07-19Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $8.61From: 2022-02-06Exp: 2027-02-06Common Stock, par value $0.001 per share (119,237 underlying)
    119,237
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (2,097 underlying)
    2,097
  • Option to purchase common stock

    Exercise: $2.87From: 2020-01-01Exp: 2030-05-12Common Stock, par value $0.001 per share (50,000 underlying)
    50,000
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (17,943 underlying)
    17,943
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (9,987 underlying)
    9,987
Transactions
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+520,832$999,9973,805,575 total(indirect: See footnote)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+156,250$300,000422,000 total
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+78,125$87,50078,125 total
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (78,125 underlying)
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+260,416$291,666260,416 total(indirect: See footnote)
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (260,416 underlying)
Holdings
  • Option to purchase common stock

    Exercise: $1.95From: 2024-03-31Exp: 2034-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.16From: 2023-09-30Exp: 2033-09-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.44From: 2023-03-31Exp: 2033-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Common Stock, par value $0.001 per share

    206,226
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-14Exp: 2027-02-14Common Stock, par value $0.001 per share (234,274 underlying)
    234,274
  • Option to purchase common stock

    Exercise: $1.78From: 2023-12-29Exp: 2033-12-29Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Common Stock, par value $0.001 per share

    (indirect: See footnote)
    330,473
  • Option to purchase common stock

    Exercise: $1.39From: 2024-12-31Exp: 2034-12-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.11Exp: 2033-10-02Common Stock, par value $0.001 per share (135,136 underlying)
    135,136
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (17,943 underlying)
    17,943
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-10Exp: 2027-02-10Common Stock, par value $0.001 per share (300,000 underlying)
    300,000
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (9,987 underlying)
    9,987
  • Option to purchase common stock

    Exercise: $2.87From: 2020-01-01Exp: 2030-05-12Common Stock, par value $0.001 per share (50,000 underlying)
    50,000
  • Option to purchase common stock

    Exercise: $1.56From: 2024-06-30Exp: 2034-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $5.16From: 2022-07-19Exp: 2032-07-19Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (4,486 underlying)
    4,486
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $8.61From: 2022-02-06Exp: 2027-02-06Common Stock, par value $0.001 per share (119,237 underlying)
    119,237
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (8,389 underlying)
    8,389
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (2,097 underlying)
    2,097
  • Option to purchase common stock

    Exercise: $0.93From: 2023-06-30Exp: 2033-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $5.16From: 2022-06-30Exp: 2032-06-30Common Stock, par value $0.001 per share (3,634 underlying)
    3,634
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (2,497 underlying)
    2,497
  • Option to purchase common stock

    Exercise: $5.90From: 2021-06-30Exp: 2031-06-30Common Stock, par value $0.001 per share (5,297 underlying)
    5,297
MANCHESTER MANAGEMENT CO LLC
DirectorChief Executive Officer10% OwnerOther
Transactions
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+520,832$999,9973,805,575 total(indirect: See footnote)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+156,250$300,000422,000 total
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+260,416$291,666260,416 total(indirect: See footnote)
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (260,416 underlying)
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+78,125$87,50078,125 total
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (78,125 underlying)
Holdings
  • Option to purchase common stock

    Exercise: $1.16From: 2023-09-30Exp: 2033-09-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $8.61From: 2022-02-06Exp: 2027-02-06Common Stock, par value $0.001 per share (119,237 underlying)
    119,237
  • Common Stock, par value $0.001 per share

    (indirect: See footnote)
    330,473
  • Option to purchase common stock

    Exercise: $1.39From: 2024-12-31Exp: 2034-12-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.78From: 2023-12-29Exp: 2033-12-29Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.11Exp: 2033-10-02Common Stock, par value $0.001 per share (135,136 underlying)
    135,136
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-14Exp: 2027-02-14Common Stock, par value $0.001 per share (234,274 underlying)
    234,274
  • Option to purchase common stock

    Exercise: $0.93From: 2023-06-30Exp: 2033-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $5.16From: 2022-06-30Exp: 2032-06-30Common Stock, par value $0.001 per share (3,634 underlying)
    3,634
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (8,389 underlying)
    8,389
  • Option to purchase common stock

    Exercise: $2.87From: 2020-01-01Exp: 2030-05-12Common Stock, par value $0.001 per share (50,000 underlying)
    50,000
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (4,486 underlying)
    4,486
  • Common Stock, par value $0.001 per share

    206,226
  • Option to purchase common stock

    Exercise: $1.56From: 2024-06-30Exp: 2034-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.95From: 2024-03-31Exp: 2034-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.44From: 2023-03-31Exp: 2033-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (17,943 underlying)
    17,943
  • Option to purchase common stock

    Exercise: $5.16From: 2022-07-19Exp: 2032-07-19Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-10Exp: 2027-02-10Common Stock, par value $0.001 per share (300,000 underlying)
    300,000
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (9,987 underlying)
    9,987
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (2,497 underlying)
    2,497
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (2,097 underlying)
    2,097
  • Option to purchase common stock

    Exercise: $5.90From: 2021-06-30Exp: 2031-06-30Common Stock, par value $0.001 per share (5,297 underlying)
    5,297
FRANK MORGAN C.
Director10% Owner
Transactions
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+260,416$291,666260,416 total(indirect: See footnote)
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (260,416 underlying)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+520,832$999,9973,805,575 total(indirect: See footnote)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+156,250$300,000422,000 total
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+78,125$87,50078,125 total
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (78,125 underlying)
Holdings
  • Option to purchase common stock

    Exercise: $1.56From: 2024-06-30Exp: 2034-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $0.93From: 2023-06-30Exp: 2033-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $5.16From: 2022-06-30Exp: 2032-06-30Common Stock, par value $0.001 per share (3,634 underlying)
    3,634
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (17,943 underlying)
    17,943
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-10Exp: 2027-02-10Common Stock, par value $0.001 per share (300,000 underlying)
    300,000
  • Option to purchase common stock

    Exercise: $1.11Exp: 2033-10-02Common Stock, par value $0.001 per share (135,136 underlying)
    135,136
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $1.78From: 2023-12-29Exp: 2033-12-29Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.16From: 2023-09-30Exp: 2033-09-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $5.16From: 2022-07-19Exp: 2032-07-19Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $5.90From: 2021-06-30Exp: 2031-06-30Common Stock, par value $0.001 per share (5,297 underlying)
    5,297
  • Common Stock, par value $0.001 per share

    (indirect: See footnote)
    330,473
  • Option to purchase common stock

    Exercise: $1.39From: 2024-12-31Exp: 2034-12-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.95From: 2024-03-31Exp: 2034-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.44From: 2023-03-31Exp: 2033-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (8,389 underlying)
    8,389
  • Option to purchase common stock

    Exercise: $2.87From: 2020-01-01Exp: 2030-05-12Common Stock, par value $0.001 per share (50,000 underlying)
    50,000
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (4,486 underlying)
    4,486
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-14Exp: 2027-02-14Common Stock, par value $0.001 per share (234,274 underlying)
    234,274
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $8.61From: 2022-02-06Exp: 2027-02-06Common Stock, par value $0.001 per share (119,237 underlying)
    119,237
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (9,987 underlying)
    9,987
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (2,497 underlying)
    2,497
  • Common Stock, par value $0.001 per share

    206,226
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (2,097 underlying)
    2,097
Transactions
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+520,832$999,9973,805,575 total(indirect: See footnote)
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+260,416$291,666260,416 total(indirect: See footnote)
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (260,416 underlying)
  • Purchase

    Common Stock, par value $0.001 per share

    2025-03-20$1.92/sh+156,250$300,000422,000 total
  • Award

    Common Stock Purchase Warrant

    2025-03-20$1.12/sh+78,125$87,50078,125 total
    Exercise: $1.12From: 2025-03-25Exp: 2029-03-25Common Stock, par value $0.001 per share (78,125 underlying)
Holdings
  • Option to purchase common stock

    Exercise: $1.39From: 2024-12-31Exp: 2034-12-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $5.90From: 2021-06-30Exp: 2031-06-30Common Stock, par value $0.001 per share (5,297 underlying)
    5,297
  • Common Stock, par value $0.001 per share

    (indirect: See footnote)
    330,473
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $4.34From: 2022-09-30Exp: 2032-09-30Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (2,497 underlying)
    2,497
  • Option to purchase common stock

    Exercise: $1.56From: 2024-06-30Exp: 2034-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (1,875 underlying)
    1,875
  • Option to purchase common stock

    Exercise: $2.14From: 2022-12-31Exp: 2032-12-31Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $5.16From: 2022-06-30Exp: 2032-06-30Common Stock, par value $0.001 per share (3,634 underlying)
    3,634
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-14Exp: 2027-02-14Common Stock, par value $0.001 per share (234,274 underlying)
    234,274
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $8.61From: 2022-02-06Exp: 2027-02-06Common Stock, par value $0.001 per share (119,237 underlying)
    119,237
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (8,389 underlying)
    8,389
  • Option to purchase common stock

    Exercise: $2.98From: 2021-09-30Exp: 2031-09-30Common Stock, par value $0.001 per share (2,097 underlying)
    2,097
  • Option to purchase common stock

    Exercise: $2.87From: 2020-01-01Exp: 2030-05-12Common Stock, par value $0.001 per share (50,000 underlying)
    50,000
  • Option to purchase common stock

    Exercise: $1.78From: 2023-12-29Exp: 2033-12-29Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.16From: 2023-09-30Exp: 2033-09-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $1.44From: 2023-03-31Exp: 2033-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Common Stock Purchase Warrant

    (indirect: See footnote)
    Exercise: $6.60From: 2022-02-10Exp: 2027-02-10Common Stock, par value $0.001 per share (300,000 underlying)
    300,000
  • Option to purchase common stock

    Exercise: $7.51From: 2021-12-31Exp: 2031-12-31Common Stock, par value $0.001 per share (9,987 underlying)
    9,987
  • Common Stock, par value $0.001 per share

    206,226
  • Option to purchase common stock

    Exercise: $1.11Exp: 2033-10-02Common Stock, par value $0.001 per share (135,136 underlying)
    135,136
  • Option to purchase common stock

    Exercise: $0.93From: 2023-06-30Exp: 2033-06-30Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (4,486 underlying)
    4,486
  • Option to purchase common stock

    Exercise: $1.95From: 2024-03-31Exp: 2034-03-31Common Stock, par value $0.001 per share (9,375 underlying)
    9,375
  • Option to purchase common stock

    Exercise: $5.16From: 2022-07-19Exp: 2032-07-19Common Stock, par value $0.001 per share (7,500 underlying)
    7,500
  • Option to purchase common stock

    Exercise: $4.18From: 2022-03-31Exp: 2032-03-31Common Stock, par value $0.001 per share (17,943 underlying)
    17,943
Footnotes (9)
  • [F1]Manchester Explorer, L.P. ("Explorer") acquired 260,416 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025.
  • [F2]The reported securities are owned directly by Explorer and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) and James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  • [F3]James E. Besser acquired 78,125 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025.
  • [F4]The reported securities are directly owned by James E. Besser in his personal capacity.
  • [F5]The reported securities are owned directly by JEB Partners and may be deemed to be indirectly beneficially owned by (i) Manchester Management, the general partner of JEB Partners, (ii) Manchester PR, the investment adviser to Manchester Management, and (iii) James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
  • [F6]The reported securities are directly owned by Morgan C. Frank in his personal capacity.
  • [F7]The options were granted to the Reporting Person in accordance with the Issuer's Outside Director Compensation Plan, and the options were fully vested and exercisable on the grant date.
  • [F8]This option has vested since (i) all verification and validation testing for the Registrant's initial pump product was completed by December 31, 2023 and (ii) the 510(K) premarket submission to the U.S. Food and Drug Administration ("FDA") for the Registrant's initial pump product was completed by January 31, 2024.
  • [F9]These Shares reflect a 3 for 1 reverse stock split effective November 26, 2021.

Documents

1 file

Issuer

Modular Medical, Inc.

CIK 0001074871

Entity typeother
IncorporatedDE

Related Parties

1
  • filerCIK 0001411524

Filing Metadata

Form type
4
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 9:34 PM ET
Size
58.6 KB