SEC Form 4 · accession 0001144204-17-059417
DarioHealth Corp. · DRIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allen Kamer
Director · 10% Owner
Period of report
Nov 13, 2017
Accepted (ET)
Nov 15, 2017 · 4:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001533998
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 13, 2017 | A | 496,031 | $0.00 | A | 1,388,889 | I | See Footnote |
| Common Stock | holding | — | — | — | 6,639 | D |
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 Common StockF1 | $3.50 | Nov 13, 2017 | J | 892,858 | D | Jul 10, 2017 | Jan 9, 2022 | Common Stock | 892,858 | 0 | I |
Explanation of responses
- F1On November 13, 2017, DarioHealth Corp. (the "Company") and OurCrowd Digital Health L.P. ("OurCrowd") entered into a warrant exchange agreement whereby OurCrowd agreed to surrender a warrant to purchase 892,858 shares of the Company's common stock in exchange for 496,031 restricted shares of the Company's common stock. The amounts shown represent the beneficial ownership or the issuer's securities by OurCrowd, which may be deemed attributable to Mr. Kamer because Mr. Kamer is a Managing Partner of OurCrowd. Mr. Kamer disclaims beneficial ownership of the securities set forth herein except to the extent of their pecuniary interest therein.