SEC Form 4 · accession 0001415889-16-007543
MetaStat, Inc. · MTST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin J Driscoll
Director
Period of report
Oct 30, 2016
Accepted (ET)
Dec 5, 2016 · 7:19 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 | Oct 30, 2016 | P | 28,342 | $2.00 | A | 29,616 | 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,F2 | $2.00 | Oct 30, 2016 | J | 10 | D | Mar 27, 2015 | — | Common Stock | 28,342 | 0 | D |
| WarrantsF1 | $10.50 | Oct 30, 2016 | J | 4,546 | D | Mar 27, 2015 | Mar 30, 2020 | Common Stock | 4,546 | 0 | D |
| WarrantsF1 | $3.00 | Oct 30, 2016 | P | 14,171 | A | Oct 30, 2016 | Oct 29, 2021 | Common Stock | 14,171 | 14,171 | D |
Explanation of responses
- F1Effective October 30, 2016 Mr. Driscoll exchanged 10.0371 shares of Series B Preferred Stock plus accrued and unpaid dividends of 1,479.47 and 4,546 common stock purchase warrants with an exercise price of $10.50 per share into 28,342 shares of common stock and 14,171 common stock purchase warrants with an exercise price of $3.00 per share.
- F2The Series B Preferred Stock does not expire