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Streamex Corp. — Director's Dealing 2019
May 22, 2019
35540_dirs_2019-05-22_02ed55b9-c87e-45a3-ad72-545cfc7d0964.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: BioSig Technologies, Inc. (BSGM)
CIK: 0001530766
Period of Report: 2019-05-21
Reporting Person: ZELDIS JEROME B (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-21 | Common Stock | C | 13334 | $3.75 | Acquired | 82043 | Direct |
| 2019-05-21 | Common Stock | A | 3804 | $7.44 | Acquired | 85847 | Direct |
| 2019-05-22 | Common Stock | M | 20000 | $3.40 | Acquired | 105847 | Direct |
| 2019-05-22 | Common Stock | M | 1097 | $6.85 | Acquired | 106944 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-21 | Series C Preferred Stock | $3.75 | C | 50 | Disposed | Common Stock (13334) | Direct | |
| 2019-05-22 | Options to Purchase Common Stock | $3.40 | M | 20000 | Disposed | 2026-12-22 | Common Stock (20000) | Direct |
| 2019-05-22 | Warrants to Purchase Common Stock | $6.85 | M | 1097 | Disposed | 2021-08-17 | Common Stock (1097) | Direct |
Footnotes
F1: Each share of the Series C Preferred Stock is entitled to a nine percent (9%) annual dividend on the $1,000 per share stated value. The dividends accrued and became payable in cash or, at the Issuer's option and subject to the satisfaction of certain conditions, in pay-in-kind shares. Such cumulative dividends were payable quarterly, commencing on September 30, 2013, thereafter quarterly on December 31, March 31, June 30 and September 30, and on the conversion date. The reporting person's 50 shares of Series C Preferred Stock were converted on May 21, 2019, and the Issuer elected to pay the accrued dividends in pay-in-kind shares. Pursuant to the terms of the Series C Preferred Stock and using the price calculated pursuant to the terms of the Series C Preferred Stock, the reporting person received 3,804 shares of common stock as a payment-in-kind dividend upon conversion of 50 shares of Series C Preferred Stock owned by the reporting person on the conversion date.
F2: The Series C Preferred Stock could be converted at any time at the option of the holder into shares of common stock at a conversion price of $3.75 per share. The Series C Preferred Stock had no expiration date.