SEC Form 4 · accession 0001140361-15-045495
BioRestorative Therapies, Inc. · BRTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Jude Tonna
Director
Period of report
Dec 22, 2015
Accepted (ET)
Dec 23, 2015 · 4:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001505497
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 6,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionF4,F5 | $7.00 | Dec 22, 2015 | A | 60,000 | A | — | Sep 4, 2025 | Common Stock | 60,000 | 60,000 | D |
| OptionF2 | $5.70 | holding | — | — | — | — | Jun 27, 2024 | Common Stock | 15,000 | 15,000 | D |
| WarrantF1 | $15.00 | holding | — | — | — | Aug 1, 2014 | Jul 11, 2019 | Common Stock | 1,400 | 1,400 | D |
| WarrantF1 | $15.00 | holding | — | — | — | Aug 1, 2014 | Jul 31, 2019 | Common Stock | 100 | 100 | D |
| OptionF3 | $6.60 | holding | — | — | — | — | Oct 23, 2024 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Owned jointly with wife.
- F2The option vests to the extent of 5,000 shares on each of June 27, 2014, June 27, 2015 and June 27, 2016.
- F3The option is exercisable to the extent of 8,334 shares on October 23, 2015 and 8,333 shares on each of October 23, 2016 and October 23, 2017.
- F4On December 22, 2015, the stockholders of the Issuer approved amendments to the Issuer's 2010 Equity Participation Plan (the "Plan") to increase the number of shares authorized to be issued pursuant to the Plan to 2,250,000. The Reporting Person had been granted the option on September 4, 2015, subject to stockholder approval of such amendments.
- F5The option is exercisable to the extent of 30,000 shares on December 22, 2015 and 10,000 shares on each of September 4, 2016, September 4, 2017 and September 4, 2018.