SEC Form 4 · accession 0001144204-16-082885
NANOVIRICIDES, INC. · NNVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Milton Boniuk
Director
Period of report
Feb 8, 2016
Accepted (ET)
Feb 16, 2016 · 7:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001379006
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per shareF1 | Feb 8, 2016 | A | 9,000 | $1.40 | A | 159,000 | I | Held by Milton Boniuk IRA |
| Common Stock, par value $0.001 per shareF1 | Feb 10, 2016 | A | 9,000 | $1.36 | A | 168,000 | I | Held by Milton Boniuk IRA |
| Common Stock, par value $0.001 per shareF2,F1 | Feb 12, 2016 | A | 34,043 | $1.18 | A | 976,902 | I | Held by Boniuk Interests Ltd. |
| Common Stock, par value $0.001 per shareF3,F1 | Feb 12, 2016 | A | 34,043 | $1.18 | A | 605,474 | I | Held by Boniuk Charitable Foundation |
| Common Stock, par value $0.001 per shareF4,F1 | Feb 12, 2016 | A | 141,844 | $1.18 | A | 309,844 | I | Held by Milton Boniuk IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the price of shares issued upon conversion of quarterly interest in the amount of $40,000 payable pursuant to a previously issued debenture.
- F2Does not include: 952,381 shares of Common Stock issuable upon conversion of a 10% Coupon Series C Convertible Debenture, or 187,000 shares of Series A Preferred Stock held by Milton Boniuk IRA, convertible into 654,500 shares of common stock, which are not readily convertible; 1,133,963 shares of Common Stock and warrants to purchase an additional 571,428 shares of Common Stock held by the Reporting Person and his wife; warrants to purchase an additional 285,714 shares of Common Stock or an indeterminate number of shares of Common Stock issuable upon conversion of debentures held by Boniuk Interests, Ltd.; or 605,474 shares of Common Stock held by the Boniuk Charitable Foundation. Dr. Boniuk holds voting and dispositive power over the Boniuk Charitable Foundation, Boniuk Interests Ltd. and the Milton Boniuk IRA.
- F3Represents the price of shares issued upon conversion of quarterly interest in the amount of $40,000 payable pursuant to a previously issued debenture.
- F4Represents the price of shares issued upon conversion of quarterly interest in the amount of $166,666.67 payable pursuant to a previously issued debenture.