SEC Form 4 · accession 0001176488-18-000001
Sanara MedTech Inc. · SMTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S Oden Howell Jr.
Director · 10% Owner
Period of report
Feb 19, 2018
Accepted (ET)
May 9, 2018 · 8:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000714256
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F4 | Feb 19, 2018 | J | 11,325,678 | $0.07 | A | 11,475,678 | I | By Trust |
| Common StockF2,F4 | Feb 19, 2018 | J | 10,799,586 | $0.07 | A | 22,125,264 | I | By Trust |
| Common StockF3,F4 | Feb 27, 2018 | J | 19,817,165 | $0.07 | A | 42,092,429 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Preferred StockF2,F4 | — | Feb 19, 2018 | J | 9,745 | D | Apr 11, 2016 | — | Common Stock | 10,799,586 | 16,535 | I |
| Series C Preferred StockF3,F4 | — | Feb 27, 2018 | J | 16,535 | D | Jan 24, 2014 | — | Common Stock | 19,817,165 | 0 | I |
Explanation of responses
- F1On February 19, 2018, the Solomon Oden Howell Revocable Trust converted all principal and interest under that certain promissory note, dated as of June 15, 2015, in the principal amount of $600,000, into 11,325,678 shares of the Company's Common Stock.
- F2On February 19, 2018, the Solomon Oden Howell Revocable Trust converted 9,745 shares of the Company's Series C Convertible Preferred Stock, together with all accrued but unpaid dividends thereon, into a total of 10,799,586 shares of the Company's Common Stock.
- F3On February 27, 2018, the Solomon Oden Howell Revocable Trust converted 16,535 shares of the Company's Series C Convertible Preferred Stock, together with all accrued but unpaid dividends thereon, into a total of 19,817,165 shares of the Company's Common Stock.
- F4The reporting person is the trustee of the Solomon Oden Howell Revocable Trust.