SEC Form 4 · accession 0001415889-16-007524
MetaStat, Inc. · MTST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oscar Bronsther
Director
Period of report
Oct 30, 2016
Accepted (ET)
Dec 5, 2016 · 5:32 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 StockF1,F2 | Oct 30, 2016 | P | 14,445 | $2.00 | A | 14,445 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Preferred StockF1,F3 | $2.00 | Oct 30, 2016 | J | 5 | D | Mar 27, 2015 | — | Common Stock | 14,455 | — | D |
| WarrantsF1 | $10.50 | Oct 30, 2016 | J | 2,273 | D | Mar 27, 2015 | Mar 30, 2020 | Common Stock | 2,273 | 0 | D |
| WarrantsF1 | $3.00 | Oct 30, 2016 | P | 7,228 | A | Oct 30, 2016 | Oct 29, 2021 | Common Stock | 7,228 | 7,228 | D |
Explanation of responses
- F1Effective October 30, 2016, Mr. Bronsther exchanged 5.1189 shares of Series B Preferred Stock plus accrued and unpaid dividends of 754.53 and 2,273 common stock purchase warrants with an exercise price of $10.50 per share into 14,455 shares of common stock and 7,228 common stock purchase warrants with an exercise price of $3.00 per share.
- F2Additionally, Mr. Bronsther indirectly beneficially owns 31,779 shares of common stock owned by his spouse.
- F3The Series B Preferred Stock does not expire.