AI assistant
TherapeuticsMD, Inc. — Director's Dealing 2021
Mar 9, 2021
35134_dirs_2021-03-08_550550c9-6a34-4998-9318-b12cd2f27d98.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TherapeuticsMD, Inc. (TXMD)
CIK: 0000025743
Period of Report: 2021-03-04
Reporting Person: Milligan John C.K. IV (President/Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-04 | Common Stock | X | 179000 | $0.2444 | Acquired | 1723419 | Direct |
| 2021-03-04 | Common Stock | F | 29964 | $1.46 | Disposed | 1693455 | Direct |
| 2020-06-05 | Common Stock | G | 434814 | — | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-03-04 | Warrant (right to buy) | $0.2444 | X | 179000 | Disposed | 2021-03-06 | Common Stock (179000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3582373 | Indirect |
Footnotes
F1: On March 4, 2021, the reporting person exercised a warrant to purchase 179,000 shares of issuer common stock for $0.2444 per share. The reporting person paid the exercise price on a cashless basis, resulting in the issuer's withholding of 29,964 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 149,036 shares.
F2: Shares were owned by the Milligan Irrevocable Nonexempt Trust - 2014. These securities were held in a trust for the benefit of the reporting person's spouse and children. The reporting person disclaims beneficial ownership of these securities and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3: Shares are owned by John C.K. Milligan Revocable Trust U/A 08/10/2009, as amended.
F4: The warrant vested quarterly in eight equal installments commencing June 30, 2011, becoming fully-vested on March 31, 2013.