SEC Form 4 · accession 0001493152-18-005517
POLARITYTE, INC. · PTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Hansen Dyer
Director
Period of report
Apr 17, 2018
Accepted (ET)
Apr 19, 2018 · 6:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001076682
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.001 per shareF1 | Apr 17, 2018 | P | 3,000 | $16.57 | A | 3,000 | I | See Footnote |
| Common stock, par value $0.001 per share | Apr 18, 2018 | M | 15,000 | $3.10 | A | 23,522 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase common stockF2 | $3.10 | Apr 18, 2018 | M | 15,000 | D | Dec 7, 2016 | Dec 7, 2026 | Common Stock | 15,000 | 126,000 | D |
Explanation of responses
- F1Represents shares acquired by Jeffrey Dyer IRA ("IRA"). Reporting Person is the Trustee of IRA and in such capacity has dispositive control over the securities held by such entity.
- F2Options to purchase 141,000 shares of common stock were issued upon Reporting Person's appointment as a director of the Issuer. Options vest in 24 equal monthly installments commencing on the one month anniversary of the grant date.