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NANOVIRICIDES, INC. Director's Dealing 2016

Feb 17, 2016

34915_dirs_2016-02-16_8aca2b9a-7422-40e9-8a8a-b66bd41d1600.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NANOVIRICIDES, INC. (NNVC)
CIK: 0001379006
Period of Report: 2016-02-08

Reporting Person: BONIUK MILTON (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-02-08 Common Stock, par value $0.001 per share A 9000 $1.40 Acquired 159000 Indirect
2016-02-10 Common Stock, par value $0.001 per share A 9000 $1.36 Acquired 168000 Indirect
2016-02-12 Common Stock, par value $0.001 per share A 34043 $1.18 Acquired 976902 Indirect
2016-02-12 Common Stock, par value $0.001 per share A 34043 $1.18 Acquired 605474 Indirect
2016-02-12 Common Stock, par value $0.001 per share A 141844 $1.18 Acquired 309844 Indirect

Footnotes

F1: Represents the price of shares issued upon conversion of quarterly interest in the amount of $40,000 payable pursuant to a previously issued debenture.

F2: Does not include: 952,381 shares of Common Stock issuable upon conversion of a 10% Coupon Series C Convertible Debenture, or 187,000 shares of Series A Preferred Stock held by Milton Boniuk IRA, convertible into 654,500 shares of common stock, which are not readily convertible; 1,133,963 shares of Common Stock and warrants to purchase an additional 571,428 shares of Common Stock held by the Reporting Person and his wife; warrants to purchase an additional 285,714 shares of Common Stock or an indeterminate number of shares of Common Stock issuable upon conversion of debentures held by Boniuk Interests, Ltd.; or 605,474 shares of Common Stock held by the Boniuk Charitable Foundation. Dr. Boniuk holds voting and dispositive power over the Boniuk Charitable Foundation, Boniuk Interests Ltd. and the Milton Boniuk IRA.

F3: Represents the price of shares issued upon conversion of quarterly interest in the amount of $40,000 payable pursuant to a previously issued debenture.

F4: Represents the price of shares issued upon conversion of quarterly interest in the amount of $166,666.67 payable pursuant to a previously issued debenture.