SEC Form 4 · accession 0001553350-15-000152
GelTech Solutions, Inc. · GLTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Lloyd Reger
Officer — President · 10% Owner
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403676
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.5% Convertible NoteF1 | $0.35 | Feb 12, 2015 | D | — | D | Feb 1, 2013 | Dec 31, 2016 | Common Stock | 5,707,094 | — | D |
| 7.5% Convertible NoteF1 | $0.35 | Feb 12, 2015 | A | — | A | Feb 12, 2015 | Dec 31, 2020 | Common Stock | 5,707,094 | — | D |
| 7.5% Convertible NoteF1 | $1.00 | Feb 12, 2015 | D | — | D | Jul 11, 2013 | Jul 11, 2018 | Common Stock | 1,000,000 | — | D |
| 7.5% Convertible NoteF1 | $0.35 | Feb 12, 2015 | A | — | A | Feb 12, 2015 | Dec 31, 2020 | Common Stock | 2,857,142 | — | D |
| 7.5% Convertible Note | $0.27 | Feb 12, 2015 | A | — | A | Feb 17, 2015 | Dec 31, 2020 | Common Stock | 555,556 | — | D |
| Common Stock WarrantsF2 | $2.00 | Feb 12, 2015 | A | 277,778 | A | Dec 17, 2015 | Dec 31, 2017 | Common Stock | 277,778 | 277,778 | D |
Explanation of responses
- F1In accordance with Rule 16b-3, in advance of the effectuation of the transactions reported, the issuer's board of directors approved amendments to the reported securities held by the reporting person who is an executive officer of the issuer. The reported transactions involved the amendment of outstanding convertible notes, resulting in the deemed cancellation of the "old" notes and the grant of replacement notes.
- F2Issued in connection with the $150,000 loan described in the row above this reported transaction.