SEC Form 4 · accession 0001567515-16-000001
ULURU Inc. · ULUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
IPMD GmbH
10% Owner
Period of report
Dec 24, 2015
Accepted (ET)
Feb 2, 2016 · 12:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001168220
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock, par value $0.001F1 | Dec 24, 2015 | A | 2,095,241 | $0.38 | A | 7,095,241 | D | |
| Common stock, par value $0.001F1,F2 | Dec 24, 2015 | A | 3,109,124 | $0.38 | A | 3,109,124 | I | By IPMD GmbH as 70% owner of Altrazeal Trading GmbH |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant to purchase common stock, par value $0.001F1 | $0.68 | Dec 24, 2015 | A | 209,525 | A | Dec 24, 2015 | Dec 24, 2016 | Common Stock | 209,525 | 209,525 | D |
| Warrant to purchase common stock, par value $0.001F1,F2 | $0.68 | Dec 24, 2015 | A | 310,913 | A | Dec 24, 2015 | Dec 24, 2016 | Common Stock | 310,913 | 310,913 | I |
Explanation of responses
- F1Shares of common stock and warrants to purchase shares of common stock held directly by IPMD GmbH and indirectly through Altrazeal Trading GmbH were acquired pursuant to a License Purchase and Termination Agreement, dated December 24, 2015, in exchange for transfer of distribution rights and sub-distribution rights from ULURU Inc.
- F2Such indirectly owned shares of common stock and warrants to purchase shares of common stock are held of record by Altrazeal Trading GmbH, of which IPMD GmbH is 70% owner. Amount reported represents 70% of the shares and warrants held by Altrazeal Trading GmbH. IPMD GmbH disclaims any pecuniary interest in 30% of shares and warrants of ULURU Inc. held by Altrazeal Trading GmbH.