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Pulmatrix, Inc. — Director's Dealing 2015
Jun 18, 2015
35037_dirs_2015-06-17_88d71b32-3fcb-46fd-bda6-d0b13020481b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Pulmatrix, Inc. (PULM)
CIK: 0001574235
Period of Report: 2015-06-15
Reporting Person: Clarke Robert W. (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-15 | Common Stock | A | 18667 | — | Acquired | 18667 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-15 | Stock Option (Right to Buy) | $2.20 | A | 7190 | Acquired | 2020-02-10 | Common Stock (7190) | Direct |
| 2015-06-15 | Stock Option (Right to Buy) | $2.20 | A | 2413 | Acquired | 2020-05-24 | Common Stock (2413) | Direct |
| 2015-06-15 | Stock Option (Right to Buy) | $2.20 | A | 11855 | Acquired | 2021-06-15 | Common Stock (11855) | Direct |
| 2015-06-15 | Stock Option (Right to Buy) | $2.03 | A | 23710 | Acquired | 2022-06-08 | Common Stock (23710) | Direct |
| 2015-06-15 | Stock Option (Right to Buy) | $2.03 | A | 171009 | Acquired | 2022-09-18 | Common Stock (171009) | Direct |
| 2015-06-15 | Stock Option (Right to Buy) | $1.88 | A | 65626 | Acquired | 2023-10-11 | Common Stock (65625) | Direct |
| 2015-06-16 | Stock Option (Right to Buy) | $11.80 | A | 407907 | Acquired | 2025-06-16 | Common Stock (407907) | Direct |
Footnotes
F1: Reflects a 1-for-2.5 reverse stock split effected on June 15, 2015.
F2: On June 15, 2015, the Reporting Person received these shares of the Issuer's Common Stock in exchange for securities of a private company formerly known as Pulmatrix, Inc. (the "Former Entity") in connection with the merger of the Former Entity into the Issuer (the "Merger").
F3: These securities were received in the Merger in exchange for a stock option to acquire 121,293 shares for $0.13 per share of common stock of the Former Entity.
F4: These options are fully vested and exercisable.
F5: These securities were received in the Merger in exchange for a stock option to acquire 40,699 shares for $0.13 per share of common stock of the Former Entity.
F6: These securities were received in the Merger in exchange for a stock option to acquire 200,000 shares for $0.13 per share of common stock of the Former Entity.
F7: These options vested/vest over a four-year period, with 25% vesting on the first anniversary of the initial date of grant by the Former Entity and 2.083% vesting each month thereafter for thirty-six months.
F8: These securities were received in the Merger in exchange for a stock option to acquire 400,000 shares for $0.12 per share of common stock of the Former Entity.
F9: These securities were received in the Merger in exchange for a stock option to acquire 2,885,000 shares for $0.12 per share of common stock of the Former Entity.
F10: These securities were received in the Merger in exchange for a stock option to acquire 1,071,120 shares for $0.11 per share of common stock of the Former Entity.
F11: These options vested/vest over a four-year period, with 50% vesting on the first anniversary of the initial date of grant by the Former Entity and 4.167% vesting each month thereafter for twelve months.
F12: These options vest as to 25% on June 15, 2016 and 2.08% monthly thereafter. In the event of a change of control of the Issuer, the option shall become vested in full.