SEC Form 4 · accession 0000899243-15-007480
Unilife Corp · UNIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Alan Shortall
Officer — Chief Executive Officer · Director
Period of report
Sep 30, 2015
Accepted (ET)
Nov 3, 2015 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001476170
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 30, 2015 | J | 2,951,668 | $0.00 | D | 7,757,375 | D | |
| Common StockF1 | Oct 26, 2015 | J | 2,951,668 | $0.00 | A | 10,709,043 | D | |
| Common StockF2 | holding | — | — | — | 55,074 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 30, 2015, Alan Shortall defaulted on loans with an unaffiliated third party under which an aggregate of 2,951,668 shares of common stock were pledged and as such Mr. Shortall may be deemed to have transferred beneficial ownership in such shares to the lender on such date. On October 26, 2015, Mr. Shortall cured the default and as such Mr. Shortall may be deemed to have re-acquired beneficial ownership in such shares from the lender on such date. Pursuant to an agreement with the lender, Mr. Shortall agreed that an upside sharing payment may be due to the lender upon settlement of the loan at maturity based on an appreciation of the share price of the Issuer's common stock.
- F2Owned by spouse of Mr. Shortall.