SEC Form 4 · accession 0001638599-17-001017
OURPETS CO · OPCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Pet Zone Products Ltd.
10% Owner
Period of report
Oct 11, 2017
Accepted (ET)
Oct 13, 2017 · 11:24 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094139
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 11, 2017 | H | 101,497 | $1.90 | A | 3,183,497 | D | |
| Common StockF4 | Oct 11, 2017 | F | 26,314 | $1.90 | D | 3,157,183 | D | |
| Common StockF3 | holding | — | — | — | 3,082,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase Warrant | $0.50 | holding | — | — | — | Nov 8, 2012 | Nov 8, 2017 | Common Stock | 100,000 | 0 | D |
| Common Stock Purchase WarrantF2 | $0.60 | holding | — | — | — | Jan 3, 2006 | Jan 3, 2013 | Common Stock | 2,729,000 | 0 | D |
| Common Stock Purchase WarrantF2 | $0.335 | holding | — | — | — | Jan 3, 2006 | Jan 3, 2013 | Common Stock | 125,000 | 0 | D |
Explanation of responses
- F1These common stock purchase warrants were issued to Pet Zone Products Ltd. in consideration of a $100,000 loan from Pet Zone Products Ltd. to OurPet's Company. Subsequently as of 11-1-16, these warrants were increased to 101,497 due to anti-dilution provisions.
- F2These common stock purchase warrants were amended to extend the expiration date to January 3, 2013.
- F3These shares were acquired as part of the remuneration Pet Zone Products Ltd. received from the sale of their assets to OurPet's Company on 1-3-2006. Their value was established at $1,052,040 or $.3413/share.
- F4These shares were disposed of in connection with the cashless exercise of 101,497 warrants acquired 11-8-12.