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MYOMO, INC. — Director's Dealing 2017
Jun 12, 2017
34736_dirs_2017-06-12_39220a92-9bbe-44d5-b80e-8061aa4bdc59.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MYOMO INC (MYO)
CIK: 0001369290
Period of Report: 2017-06-09
Reporting Person: SANGHI STEVE (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| STOCK OPTION (RIGHT TO BUY) | $1.3152 | 2026-10-18 | COMMON STOCK (9375) | Direct | |
| 8% SUBORDINATED CONVERTIBLE NOTE | $5.18 | COMMON STOCK (203275) | Direct | ||
| WARRANTS (RIGHT TO BUY) | $6.47 | COMMON STOCK (154559) | Direct |
Footnotes
F1: The Options shall vest ratably on a monthly basis over the 24-month period following the vesting commencement date of October 18, 2016, subject to a continued service relationship by the Individual and the Company at that time.
F2: The outstanding principal and interest shall be due and payable on December 31, 2018, unless earlier converted.
F3: The Warrants were issued in conjunction with the 8% Subordinated Convertible Note.
F4: The Warrants are not exercisable until the Company issues and sells shares of its Equity Securities in any public equity financing resulting in gross proceeds to the Company of at least $5,000,000 (including, for such purposes, all amounts raised in the Company's initial public offering and concurrent private placement) (a "Qualified Financing") and shall expire at 5:00 p.m. Eastern Time on the date that is three years following the Qualified Financing.