SEC Form 4 · accession 0001213900-18-015554
ADIAL PHARMACEUTICALS, INC. · ADIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W. Newman Jr.
Director
Period of report
Nov 12, 2018
Accepted (ET)
Nov 13, 2018 · 6:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001513525
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant to purchase unitsF1 | $5.00 | Nov 12, 2018 | J | 20,000 | D | Jul 31, 2018 | Jul 31, 2023 | Units | 40,000 | 0 | I |
| Warrant to purchase common stockF1 | $5.00 | Nov 12, 2018 | J | 20,000 | A | Nov 12, 2018 | Jul 31, 2023 | Common Stock | 20,000 | 20,000 | I |
| Warrant to purchase common stockF1 | $6.25 | Nov 12, 2018 | J | 20,000 | A | Nov 12, 2018 | Jul 31, 2023 | Common Stock | 20,000 | 20,000 | I |
| Warrant to purchase unitsF2 | $5.00 | Nov 12, 2018 | J | 92,000 | D | Jul 31, 2018 | Jul 31, 2023 | Units | 184,000 | 0 | I |
| Warrant to purchase common stockF2 | $5.00 | Nov 12, 2018 | J | 92,000 | A | Nov 12, 2018 | Jul 31, 2023 | Common Stock | 92,000 | 92,000 | I |
| Warrant to purchase common stockF2 | $6.25 | Nov 12, 2018 | J | 92,000 | A | Nov 12, 2018 | Jul 31, 2023 | Common Stock | 92,000 | 92,000 | I |
Explanation of responses
- F1On November 12, 2018, Ivy Cottage Group, LLC exchanged a warrant to purchase 20,000 units, each unit consisting of a share of common stock and a warrant to purchase a share of common stock, for two separate warrants to purchase 20,000 shares of common stock. Mr. Newman is the general partner of Ivy Cottage Group, LLC.
- F2On November 12, 2018, Virga Ventures, LLC exchanged a warrant to purchase 92,000 units, each unit consisting of a share of common stock and a warrant to purchase a share of common stock, for two separate warrants to purchase 92,000 shares of common stock. Mr. Newman is the sole member of Virga Ventures, LLC.