SEC Form 4 · accession 0000899243-17-024161
Precipio, Inc. · PRPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Rimer
Director · 10% Owner
Period of report
Oct 10, 2017
Accepted (ET)
Oct 13, 2017 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043961
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 10, 2017 | J | 124,496 | — | D | 0 | I | By: Kuzven Precipio Investor LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Offering Warrant to Purchase Common StockF1 | $3.00 | Oct 10, 2017 | J | 124,496 | D | Aug 28, 2017 | Aug 28, 2022 | Common Stock | 124,496 | 0 | I |
| Warrant to Purchase Common StockF1,F2 | $7.00 | Oct 10, 2017 | J | 91,420 | D | Jun 29, 2017 | Jun 29, 2022 | Common Stock | 91,420 | 0 | I |
Explanation of responses
- F1Effective October 10, 2017, the Reporting Person no longer serves as a managing member of Kuzven Precipio Investor LLC ("Kuzven"), no longer has any voting or dispositive power over any securities held by Kuzven, and no longer beneficially owns any securities held by Kuzven. This report is filed solely to reflect this change in beneficial ownership. No transaction is being reported at this time.
- F2The Warrant to Purchase Common Stock is exercisable as to 22,857 shares of Common Stock of the Issuer upon grant and as to 68,572 shares of Common Stock of the Issuer upon Kuzven's performance of certain obligations as set forth in the Warrant to Purchase Common Stock.