SEC Form 4 · accession 0001209191-17-022667
ROCKWELL MEDICAL, INC. · RMTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J Bagley
Director
Period of report
Mar 21, 2017
Accepted (ET)
Mar 23, 2017 · 6:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041024
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 21, 2017 | A | 9,800 | $0.00 | A | 115,550 | D | |
| Common StockF2 | holding | — | — | — | 97,200 | I | by spouse | |
| Common StockF3 | holding | — | — | — | 15,000 | I | by Bagley & Langan P.L.L.C. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Performance-based stock grant. This grant vests upon the earliest to occur of any of the following (a) reported net sales of the company in any four consecutive calendar quarters equals or exceeds $100,000,000, (b) the market capitalization of the company is greater than $600,000,000 for ten consecutive trading days, or (c) one year following the date the Centers for Medicare & Medicaid Services assign the company transitional add on reimbursement payment status for the drug product, Triferic.
- F2The reporting person disclaims beneficial ownership of the common shares held by his spouse and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's common shares for purposes of Section 16 or for any other purpose.
- F3The reporting person disclaims beneficial ownership of the common shares held by the company and this report should not be deemed an admission that the reporting person is the beneficial owner of the company's common shares for purposes of Section 16 or for any other purpose. Mr. Bagley is the sole owner of Bagley & Langan, P.L.L.C.