TAPIMMUNE INC 4
4 · TAPIMMUNE INC · Filed Aug 12, 2016
Insider Transaction Report
Form 4
TAPIMMUNE INCTPIV
Eastern Capital LTD
10% Owner
Transactions
- Exercise of In-Money
Common Stock
2016-08-10$0.50/sh+5,000,000$2,500,000→ 25,000,000 total - Other
Common Stock
2016-08-10+3,000,000→ 28,000,000 total - Exercise of In-Money
Series C-1 Warrant
2016-08-10−5,000,000→ 0 totalExercise: $0.50From: 2015-03-09Exp: 2020-03-09→ Common Stock (5,000,000 underlying) - Other
Series F-1 Warrant
2016-08-10+5,000,000→ 1 totalExercise: $0.60→ Common Stock (5,000,000 underlying)
Footnotes (2)
- [F1]On August 10, 2016 Eastern Capital Limited exercised the remaining Issuer's Series C-1 Warrant at an exercise price of $0.50 per share and acquired an additional 5,000,000 shares of common stock.
- [F2]On August 10, 2016, simultaneously with the exercise of the remaining Series C-1 Warrant, Eastern Capital Limited acquired 3,000,000 shares of Common Stock and the Series F-1 Warrant to acquire 5,000,000 common shares which is exercisable upon the date of issuance with an exercise price of $0.60 per share and expires on the five year anniversary of the date of issuance. The additional shares and Series F-1 Warrant were issued in consideration of Eastern Capital Limited's agreement to amend certain outstanding warrants.