SEC Form 4 · accession 0001144204-15-037766
Pulmatrix, Inc. · PULM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kurt Graves
Director
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 8:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574235
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,F2,F3 | $2.20 | Jun 15, 2015 | A | 14,850 | A | — | May 24, 2020 | Common Stock | 14,850 | 14,850 | D |
| Stock Option (Right to Buy)F4,F3 | $11.80 | Jun 16, 2015 | A | 10,969 | A | — | Jun 16, 2025 | Common Stock | 10,969 | 10,969 | D |
Explanation of responses
- F1On June 15, 2015, the Reporting Person received these securities of the Issuer in exchange for a stock option to acquire 250,520 shares of common stock of a private company formerly known as Pulmatrix, Inc. (the "Former Entity") with an exercise price of $0.13 per share, in connection with the merger of the Former Entity into the Issuer.
- F2These options are fully vested and exercisable.
- F3Reflects a 1-for-2.5 reverse stock split effected on June 15, 2015.
- F4The option vests as to 2.08% monthly for 48 months from the date of grant.