SEC Form 4 · accession 0001144204-18-007136
PROTALEX INC · PRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marco M Elser
Director
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 10:21 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001099215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 17,000 | I | By Elser & Company Limited | |
| Common StockF1 | holding | — | — | — | 17,000 | I | By Carlisle Investments Inc. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF2 | $0.54 | Feb 8, 2018 | A | 300,000 | A | Feb 8, 2018 | Feb 8, 2023 | Common Stock | 300,000 | 300,000 | D |
| OptionsF3 | $6.00 | holding | — | — | — | — | Nov 4, 2024 | Common Stock | 100,000 | 100,000 | D |
| OptionsF3 | $9.00 | holding | — | — | — | — | Feb 4, 2024 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1The reporting person has the sole power to vote and dispose of the securities and disclaims beneficial ownership except to the extent of his pecuniary interest in the securites.
- F2Granted on February 8, 2018 (the "Grant Date"), this option is exercisable to acquire 50% of the underlying shares on the Grant Date and 100% of the shares on or after the one-year anniversary of the Grant Date.
- F3Immediately.