SEC Form 4 · accession 0000914190-15-000415
NEPHROS INC · NEPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Malcolm C Persen
Director
Period of report
Sep 9, 2015
Accepted (ET)
Sep 11, 2015 · 4:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001196298
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 9, 2015 | A | 16,951 | $0.00 | A | 16,951 | D | |
| Common Stock | holding | — | — | — | 31,160 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $0.79 | holding | — | — | — | — | May 7, 2025 | Common Stock | 56,981 | 56,981 | D |
| Warrants (right to buy) | $0.85 | holding | — | — | — | May 12, 2015 | May 18, 2020 | Common Stock | 15,580 | 15,580 | I |
Explanation of responses
- F1On September 9, 2015, the Company granted 16,951 shares of restricted stock of the Company (the "Restricted Stock") in respect of the service by Mr. Persen as a member of the Board of Directors of the Company. The Restricted Stock was granted under the Company's 2015 Equity Incentive Plan. The Restricted Stock vests 6 months following the grant date.
- F2On May 7, 2015, the Company granted to Mr. Persen an option to purchase 56,981 shares of common stock of the Company, of which one-third vested immediately upon the grant date, one-third will vest on the first anniversary of the grant date, and the remaining one-third will vest on the second anniversary of the grant date.