SEC Form 4 · accession 0001493152-19-000386
Digipath, Inc. · DIGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Denkin
Officer — Chief Executive Officer · Director
Period of report
Jan 7, 2019
Accepted (ET)
Jan 9, 2019 · 5:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001502966
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F1 | $0.20 | Jan 7, 2019 | D | 2,500,000 | D | Jun 21, 2016 | Jun 21, 2026 | Common Stock | 2,500,000 | 2,500,000 | D |
| Stock Option (Right to buy)F2 | $0.27 | Jan 7, 2019 | D | 500,000 | D | Dec 21, 2017 | Dec 21, 2027 | Common Stock | 500,000 | 500,000 | D |
| Stock Option (Right to buy)F1 | $0.13 | Jan 7, 2019 | A | 2,500,000 | A | Jan 7, 2019 | Jun 21, 2026 | Common Stock | 2,500,000 | 2,500,000 | D |
| Stock Option (Right to buy)F2 | $0.13 | Jan 7, 2019 | A | 500,000 | A | Jan 7, 2019 | Dec 21, 2027 | Common Stock | 500,000 | 500,000 | D |
Explanation of responses
- F1Reflects the amendment to an option originally issued June 21, 2016, reducing the exercise price thereof from $0.20 to $0.13, which is reported in this Form 4 as the cancellation of the original option and the grant of a replacement option with identical terms (other than the exercise price).
- F2Reflects the amendment to an option originally issued December 21, 2017, reducing the exercise price thereof from $0.27 to $0.13, which is reported in this Form 4 as the cancellation of the original option and the grant of a replacement option with identical terms (other than the exercise price).