SEC Form 3 · accession 0001594062-17-000155
Qrons Inc. · QRON
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ido Merfeld
Officer — President · Director · 10% Owner
Period of report
Jun 19, 2017
Accepted (ET)
Jun 20, 2017 · 9:57 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001689084
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 5,060,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Convertible Preferred StockF2,F1 | — | holding | — | — | — | Aug 22, 2016 | — | Common Stock | 1,000 | — | D |
Explanation of responses
- F1No expiration date.
- F2The reporting person has the right to convert such stock into common stock at a conversion rate equal to the Stated Value ($1.00 per share plus 4% per annum from the date of issuance) as of the conversion date divided by the average closing price of the common stock for the five previous trading days.