SEC Form 4 · accession 0001209191-19-012187

PURE BIOSCIENCE, INC. · PURE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 19, 2019

Accepted (ET)

Feb 21, 2019 · 5:37 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001006028

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Feb 19, 2019	X	2,133,333	$0.35	A	23,136,186	I	Plum Investments, L.P.
Common Stock	holding	—	—		—	4,362,490	D
Common Stock	holding	—	—		—	717,665	I	By Wife

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Warrant^F3,F1	$0.75	Feb 19, 2019	D	2,133,333	D	Aug 29, 2014	Aug 29, 2019	Common Stock	2,133,333	0	I
Warrant^F3,F1	$0.35	Feb 19, 2019	A	2,133,333	A	Aug 29, 2014	Aug 29, 2019	Common Stock	2,133,333	2,133,333	I
Warrant^F3,F1	$0.35	Feb 19, 2019	X	2,133,333	D	Aug 29, 2014	Aug 29, 2019	Common Stock	2,133,333	0	I

F1Mr. Lee is the general partner and sole limited partner of Plum Investments, L.P., and has ultimate voting and investment control over the shares held by Plum Investments, L.P.
F2The reported transactions relate to an amendment of the exercise price of an outstanding warrant from $0.75 per share to $0.35 per share of Common Stock, contingent upon the Reporting Person immediately exercising the Warrant. As a result of this amendment, the outstanding warrant was deemed canceled and a replacement warrant was issued for the same number of shares of Common Stock, but with the reduced exercise price. The outstanding warrant was originally issued on December 2017.
F3Represents a private purchase under the terms of a Securities Transfer Agreement between Reporting Person and Franchise Brands, LLC for an aggregate purchase price of $8,399,999.70.