SEC Form 4 · accession 0001493152-18-010246
Provention Bio, Inc. · PRVB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
MDB CAPITAL GROUP LLC
10% Owner
Period of report
Jul 19, 2018
Accepted (ET)
Jul 19, 2018 · 7:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001695357
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 Preferred Stock (right to buy)F1 | $2.50 | Jul 19, 2018 | C | 274,289 | D | Apr 25, 2017 | Apr 25, 2024 | Common Stock | 274,289 | 0 | D |
| Warrant to Purchase Common Stock (right to buy)F1 | $2.50 | Jul 19, 2018 | C | 274,289 | A | Jul 19, 2018 | Apr 25, 2024 | Common Stock | 274,289 | 274,289 | D |
| Warrant to Purchase Common Stock (right to buy)F2 | $5.00 | Jul 19, 2018 | J | 1,596,956 | A | Jun 28, 2019 | Jun 28, 2023 | Common Stock | 1,596,956 | 1,871,245 | D |
Explanation of responses
- F1Warrant to purchase shares of Series A Preferred Stock initially issued to Reporting Person on April 25, 2017 as partial compensation for Reporting Person acting as placement agent in connection with Issuer's private placement of Series A Preferred Stock. Warrant automatically converted into a warrant to purchase the same number of shares of the Issuer's Common Stock immediately after the closing of the Issuer's Initial Public Offering on July 19, 2018.
- F2Warrant issued to Reporting Person as partial compensation for Reporting Person acting as underwriter in connection with Issuer's Initial Public Offering.