SEC Form 4 · accession 0001553350-15-000581
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
Jun 4, 2015
Accepted (ET)
Jun 5, 2015 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403676
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 4, 2015 | A | 21,918 | — | A | 17,367,190 | D | |
| Common Stock | holding | — | — | — | 750,000 | I | By grantor retained annuity trust |
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 NoteF2 | $0.73 | Jun 4, 2015 | A | 273,973 | A | — | Dec 31, 2020 | Common Stock | 273,973 | 273,973 | D |
| Common Stock WarrantsF3,F2 | $2.00 | Jun 4, 2015 | A | 136,987 | A | — | — | Common Stock | 136,987 | 136,987 | D |
Explanation of responses
- F1In consideration for property with fair market value above estimates of third-party appraisal companies.
- F2Convertible and Exercisable, as applicable, on the Transaction Date. The expiration date on the warrants is two years from the Transaction Date.
- F3Issued in connection with the $200,000 loan described in the row above this reported transaction.