SEC Form 4 · accession 0001144204-15-064815
MusclePharm Corp · MSLP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ryan Charles Drexler
Director · 10% Owner
Period of report
Jul 24, 2015
Accepted (ET)
Nov 12, 2015 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001415684
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 24, 2015 | A | 3,353 | — | A | 3,353 | D | |
| Common StockF2 | Oct 9, 2015 | J | 28,571 | — | A | 31,924 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were an award under the Issuer's 2015 Equity Incentive Compensation Plan.
- F2These shares were granted to the Reporting Person in consideration for his executing an individual guaranty for a loan between the Issuer and ANB Bank with a balance in the amount of $6,200,000. The price of the shares was based on the closing price of the Issuer's common stock on October 9, 2015.