SEC Form 4 · accession 0001209191-15-023326
BIO-PATH HOLDINGS INC · BPTH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas P Morris
Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 6, 2015 · 11:46 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001133818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 1,609,811 | I | by Hyacinth Resources, LLC | |
| Common StockF1 | holding | — | — | — | 24,100 | I | by Sycamore Ventures, LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock OptionF2 | $1.70 | Mar 2, 2015 | A | 25,000 | A | — | Mar 2, 2025 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of the issuer's common stock held by Sycamore Ventures, LLC except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F2This option vests over a four-year period, with one-fourth (1/4) of the 25,000 shares vesting on the first anniversary of March 2, 2015 and the remaining shares vesting thereafter in equal monthly increments equal to one-forty-eighth (1/48) of the 25,000 shares, based on continuing service to Bio-Path Holdings, Inc.