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FIREFLY NEUROSCIENCE, INC. — Director's Dealing 2021
Dec 14, 2021
34703_dirs_2021-12-14_c0d5fa1c-91a5-4577-9e07-5ad85a3bf3a4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: INFORMATION ANALYSIS INC (IAIC)
CIK: 0000803578
Period of Report: 2021-12-10
Reporting Person: BENOIT GERALD JAMES JR (Director, CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-10 | Common Stock | A | 116645 | $3.04 | Acquired | 866645 | Direct |
| 2021-12-10 | Common Stock | A | 32895 | $3.04 | Acquired | 899540 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-10 | Warrants (right-to-buy) | $4.50 | A | 23329 | Acquired | 2026-12-31 | Common Stock (23329) | Direct |
| 2021-12-10 | Warrants (right-to-buy) | $4.50 | A | 6579 | Acquired | 2026-12-31 | Common Stock (6579) | Direct |
Footnotes
F1: Mr. Benoit purchased $354,600 of Units in a private placement transaction at $3.04/ Unit, which consisted of 116,645 shares of common stock and Warrants to purchase additional 23,329 shares of common stock. Unit price was based on the Volume Weighted Average Price per share for the five trading days ended December 2, 2021.
F2: Benoit Family Trust purchased $100,000 of Units in a private placement transaction at $3.04/ Unit, which consisted of 32,895 shares of common stock and Warrants to purchase additional 6,579 shares of common stock. Unit price was based on the Volume Weighted Average Price per share for the five trading days ended December 2, 2021.
F3: Warrants to acquire 23,329 shares of common stock reported herein are not exercisable until January 1, 2023.
F4: Warrants to acquire 29,908 shares of common stock reported herein are not exercisable until January 1, 2023.