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Precipio, Inc. Director's Dealing 2017

Oct 13, 2017

34807_dirs_2017-10-13_a6f974ff-8a09-4b77-982b-02db24855310.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Precipio, Inc. (PRPO)
CIK: 0001043961
Period of Report: 2017-10-10

Reporting Person: Rimer Mark (Director, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-10-10 Common Stock J 124496 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-10-10 Offering Warrant to Purchase Common Stock $3.00 J 124496 Disposed 2022-08-28 Common Stock (124496) Indirect
2017-10-10 Warrant to Purchase Common Stock $7.00 J 91420 Disposed 2022-06-29 Common Stock (91420) Indirect

Footnotes

F1: Effective October 10, 2017, the Reporting Person no longer serves as a managing member of Kuzven Precipio Investor LLC ("Kuzven"), no longer has any voting or dispositive power over any securities held by Kuzven, and no longer beneficially owns any securities held by Kuzven. This report is filed solely to reflect this change in beneficial ownership. No transaction is being reported at this time.

F2: The Warrant to Purchase Common Stock is exercisable as to 22,857 shares of Common Stock of the Issuer upon grant and as to 68,572 shares of Common Stock of the Issuer upon Kuzven's performance of certain obligations as set forth in the Warrant to Purchase Common Stock.