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LifeMD, Inc. — Director's Dealing 2021
Apr 23, 2021
33298_dirs_2021-04-22_90cd35c0-22ba-4b0a-b056-570adfe0fe2e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: LifeMD, Inc. (LFMD)
CIK: 0000948320
Period of Report: 2021-04-18
Reporting Person: Strawn John R Jr (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-18 | Common Stock, par value $0.01 | M | 200000 | $1 | Acquired | 203467 | Direct |
| 2021-04-18 | Common Stock, par value $0.01 | F | 20060 | $9.97 | Disposed | 183407 | Direct |
| 2021-04-18 | Common Stock, par value $0.01 | M | 100000 | $2 | Acquired | 283407 | Direct |
| 2021-04-18 | Common Stock, par value $0.01 | F | 20060 | $9.97 | Disposed | 263347 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-18 | Option | $1 | M | 200000 | Disposed | 2021-04-20 | Common Stock, par value $0.01 (200000) | Direct |
| 2021-04-18 | Option | $2 | M | 100000 | Disposed | 2021-04-20 | Common Stock, par value $0.01 (100000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.01 | 60000 | Indirect |
Footnotes
F1: The Amount of Securities Beneficially Owned reflects a correction of an additional 467 shares from previous Form 3/A filing of the reporting person.
F2: Reflects 20,060 shares withheld by issuer to fund the cashless exercise of 200,000 options pursuant to the Reporting Person's Stock Option Agreement.
F3: Reflects 20,060 shares withheld by issuer to fund the cashless exercise of 100,000 options pursuant to the Reporting Person's Stock Option Agreement.
F4: Mr. Strawn has shared voting and dispositive power and as partner of Strawn Pickens LLP he shares a pecuniary interest. The shares were subject to a 1-for-5 reverse stock split in October, 2020.
F5: The original grant of 1,000,000 common stock options was subject to a 1-for-5 reverse stock split in October, 2020. The exercise reported herein is the shares remaining after the split.
F6: The original grant of 500,000 common stock options was subject to a 1-for-5 reverse stock split in October, 2020. The exercise reported herein is the shares remaining after the split.