Farnan Joseph J Jr 4
4 · CTD HOLDINGS INC · Filed Apr 25, 2018
Insider Transaction Report
Form 4
CTD HOLDINGS INCCTDH
Farnan Joseph J Jr
Director
Transactions
- Purchase
Series B Convertible Preferred Stock
2018-04-23+1,500→ 1,500 totalExercise: $0.25→ Common Stock (600,000 underlying) - Purchase
Warrant to Purchase Common Stock
2018-04-23+600,000→ 600,000 totalExercise: $0.25From: 2018-04-23Exp: 2025-04-23→ Common Stock (600,000 underlying)
Footnotes (2)
- [F1]The Series B Convertible Preferred Stock ("Series B Preferred") will automatically convert into Common Stock on the date the Issuer effects an increase of its authorized shares of Common Stock and/or a reverse stock split so that it has a sufficient number of authorized and unissued shares of Common Stock to permit the conversion or exercise, as applicable of all outstanding shares of Series B Preferred, warrants, options and other convertible securities of the Issuer.
- [F2]The reported securities consist of 1,500 "Units" purchased by the reporting person for $100 per Unit. Each Unit consists of one share of Series B Preferred and warrants to purchase 400 shares of Common Stock.