SEC Form 4 · accession 0001415889-16-007522

MetaStat, Inc. · MTST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Oct 30, 2016

Accepted (ET)

Dec 5, 2016 · 5:30 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001404943

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Oct 30, 2016	P	28,367	$2.00	A	32,696	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series B Preferred Stock^F1,F2	$2.00	Oct 30, 2016	J	10	D	Mar 27, 2015	—	Common Stock	28,367	0	D
Warrants^F1	$10.50	Oct 30, 2016	J	4,546	D	Mar 27, 2015	Mar 30, 2020	Common Stock	4,546	0	D
Warrants^F1	$3.00	Oct 30, 2016	P	14,184	A	Oct 30, 2016	Oct 29, 2021	Common Stock	14,184	14,171	D
Stock Options^F3	$2.00	Nov 30, 2016	J	100,000	D	Jul 7, 2016	Jul 7, 2026	Common Stock	100,000	0	D

F1Effective October 30, 2016 Mr. Berman exchanged 10.0460 shares of Series B Preferred Stock plus accrued and unpaid dividends of 1,480.78 and 4,546 common stock purchase warrants with an exercise price of $10.50 per share into 28,367 shares of common stock and 14,184 common stock purchase warrants with an exercise price of $3.00 per share.
F2The Series B Preferred Stock does not expire.
F3Effective November 30, 2016, Mr. Berman and the Issuer cancelled 100,000 stock options with a strike price of $2.00 per share that were originally granted on July 7, 2016. 33,334 of these options had vested and 66,666 were unvested.