SEC Form 4 · accession 0001289340-16-000157
Stereotaxis, Inc. · STXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arun Swarup Menawat
Director
Period of report
Dec 2, 2016
Accepted (ET)
Dec 6, 2016 · 4:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001289340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | Dec 2, 2016 | C | 155,439 | $0.65 | A | 175,439 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF1,F2,F3 | $0.65 | Dec 2, 2016 | C | 100 | D | — | — | Common Stock | 155,439 | 0 | D |
Explanation of responses
- F1Initial conversion/exericise price. The conversion/exercise price is subject to adjustment.
- F2The Series A convertible preferred stock is convertible at the election of the holder at anytime and has no expiration date.
- F3The number of shares of common stock issued upon conversion was calculated based on the stated value of the convertible preferred stock of $1,000 per share increased by the amount of dividends at a rate of 6% per annum, which was cumulative and accrued daily from the date of issuance on the $1,000 stated value and the conversion price of $.65 per share.