4//SEC Filing
Eastern Capital LTD 4
Accession 0001408408-20-000047
CIK 0001420720other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:08 PM ET
Size
16.9 KB
Accession
0001408408-20-000047
Insider Transaction Report
Form 4
iBio, Inc.IBIO
Eastern Capital LTD
10% Owner
Transactions
- Conversion
Common Stock
2020-08-07$0.20/sh+28,925,000$5,785,000→ 33,114,597 total - Sale
Common Stock
2020-08-07$3.83/sh−1,355,604$5,185,592→ 31,758,993 total - Sale
Common Stock
2020-08-10$3.91/sh−7,264,864$28,429,592→ 24,494,129 total - Sale
Common Stock
2020-08-11$2.92/sh−15,864,436$46,330,499→ 8,629,693 total - Conversion
Series B Preferred Stock
2020-08-07−5,785→ 0 totalExercise: $0.20→ Common Stock (28,925,000 underlying)
Footnotes (4)
- [F1]On August 6, 2020 Eastern Capital Limited provided notice to the Issuer with effect on August 7, 2020 to convert the shares of Series B Preferred Stock ("Preferred Shares") into shares of Common Stock. The Preferred Shares were convertible into Shares at the option of the holder, at any time, at a conversion price equal to $0.20 per share. As a result, the Preferred Shares converted into 28,925,000 shares of Common Stock.
- [F2]The Price reported in Column 4 is a weighted average price. This transaction was executed in multiple trades at prices ranging from $3.62 to $4.08. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff, the Issuer or a security holder of the Issuer upon request.
- [F3]The Price reported in Column 4 is a weighted average price. This transaction was executed in multiple trades at prices ranging from $3.65 to $4.53. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff, the Issuer or a security holder of the Issuer upon request.
- [F4]The Price reported in Column 4 is a weighted average price. This transaction was executed in multiple trades at prices ranging from $2.69 to $3.69. Full information regarding the number of shares sold at each separate price can be furnished to the SEC staff, the Issuer or a security holder of the Issuer upon request
Documents
Issuer
iBio, Inc.
CIK 0001420720
Entity typeother
IncorporatedCayman Islands
Related Parties
1- filerCIK 0001408408
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:08 PM ET
- Size
- 16.9 KB