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4//SEC Filing

Skyline Medical Inc. 4

Accession 0001144204-14-047194

$AGPUCIK 0001446159operating

Filed

Aug 4, 8:00 PM ET

Accepted

Aug 5, 8:52 PM ET

Size

6.7 KB

Accession

0001144204-14-047194

Insider Transaction Report

Form 4
Period: 2014-08-04
Kornberg Joshua
DirectorCEO and President10% Owner
Transactions
  • Other

    Warrants

    2014-08-04+12 total
    Exercise: $0.33From: 2014-08-04Exp: 2019-02-04Common Stock, par value $0.01 per share (56,148 underlying)
Footnotes (2)
  • [F1]On February 4, 2014, Mr. Kornberg acquired 250 shares of Series A Convertible Preferred Stock for an aggregate purchase price of $25,000 and a warrant to purchase an aggregate of 19,231 shares of common stock, par value $0.01 per share ("Common Stock"), exercisable for five years, at an exercise price of $0.325 per share (subject to adjustment in certain circumstances), pursuant to a Securities Purchase Agreement, dated February 4, 2014, between the Issuer and the purchasers (the "Purchasers") listed on Schedule I thereto (the "SPA").
  • [F2]On August 4, 2014, Mr. Kornberg acquired an additional warrant to purchase an aggregate of 56,148 shares of Common Stock, exercisable until February 4, 2019, at an exercise price of $0.325 per share (subject to adjustment in certain circumstances), which was triggered by a provision in the SPA requiring the Issuer to issue additional warrants to the Purchasers in the event that the Issuer's Common Stock was not listed on the Nasdaq Stock Market, the New York Stock Exchange or the NYSE MKT by August 3, 2014.

Issuer

Skyline Medical Inc.

CIK 0001446159

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001446159

Filing Metadata

Form type
4
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 8:52 PM ET
Size
6.7 KB