Farnan Joseph J Jr 4
4 · CTD HOLDINGS INC · Filed Jun 28, 2018
Insider Transaction Report
Form 4
CTD HOLDINGS INCCTDH
Farnan Joseph J Jr
Director
Transactions
- Conversion
Common Stock
2018-05-23+600,000→ 1,330,000 total - Conversion
Series B Convertible Preferred Stock
2018-05-23−1,500→ 0 totalExercise: $0.25→ Common Stock (600,000 underlying)
Footnotes (2)
- [F1]Reflects the automatic conversion of Series B Convertible Preferred Stock ("Series B Preferred") into Common Stock upon the filing of Articles of Amendment to the Issuer's Articles of Incorporation increasing the Issuer's authorized shares of Common Stock. The conversion is an exempt transaction pursuant to Rule 16b-7 under the Securities Exchange Act of 1934, as amended.
- [F2]The Series B Preferred were included in "Units" purchased by the reporting person for $100 per Unit. Each Unit consisted of one share of Series B Preferred convertible into 400 shares of Common Stock and one warrant to purchase 400 shares of Common Stock.