SEC Form 4/A · accession 0001144204-18-020655
SCWorx Corp. · WORX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph Gamberale
Director
Period of report
Aug 29, 2017
Accepted (ET)
Apr 16, 2018 · 2:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001674227
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock par value $0.001 | Aug 29, 2017 | P | 220,183 | $240,000.00 | A | 261,850 | D | |
| Common Stock par value $0.001F1 | holding | — | — | — | 359,343 | I | See Footnote |
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 StockF2 | $1.50 | Aug 29, 2017 | P | 220,183 | A | Mar 1, 2018 | Aug 28, 2020 | Common Stock, par value $0.001 | 220,183 | 242,683 | D |
Explanation of responses
- F1In addition to the 261,850 shares of common stock held directly, also includes 359,343 shares held by Ivy Equity Investors, LLC. Mr. Gamberale has voting and dispositive power over theshares held by Ivy Equity Investors, LLC. The address of Ivy Equity Investors, LLC is 2 East 55th Street, Suite 1111, New York, New York 10022. Mr. Gamberale has voting and dispositive power over the shares held by Ivy Equity Investors, LLC.
- F2Fully vested warrants were issued in a prior reported purchase on the Form 4 filed on January 26, 2018. The warrants were issued at a rate of one warrant per one share of common stock at a unitprice of $1.09 per unit.
Remarks
The original Form 4, filed on January 26, 2018, is being amended by this Form 4 amendment to correct an administrative error, which misreported a purchase that occured on October 20,2017 as a total of 220,183 shares of common stock, when in fact an equal number of warrants to purchase common stock were also included in that purchase and the correct purchase date was August 29, 2017. As a result of this administrative error, the number of derivative securities beneficially owned by the reporting person is 242,683.