SEC Form 4 · accession 0001579347-16-000004
DYNATRONICS CORP · DYNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Essig
10% Owner
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 5:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000720875
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1 | Jan 15, 2016 | A | 3,802 | — | A | 3,802 | I | by spouse |
| restricted common stockF2,F1 | Jan 15, 2016 | A | 3,802 | — | A | 3,802 | I | by spouse |
| common stock | holding | — | — | — | 32,991 | 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 stockF3 | $2.50 | holding | — | — | — | Jun 30, 2015 | — | common stock | 880,000 | 880,000 | D |
| A-Warrants | $2.75 | holding | — | — | — | Jun 30, 2015 | Jun 29, 2021 | common stock | 660,000 | 660,000 | D |
| B-WarrantsF4 | $2.75 | holding | — | — | — | — | — | common stock | 660,000 | 660,000 | D |
Explanation of responses
- F1Shares issued as compensation for services of Erin Enright (spouse of Stuart Essig) as a director of the Issuer, valued at $2.63 per share.
- F2Shares subject to forfeiture if service of Erin Enright (spouse of Stuart Essig) terminates before July 15, 2016.
- F3The Series A Convertible Preferred Stock has no expiration date.
- F4The B-Warrants are exercisable any time after the date that the holder has purchased all of the shares of Common Stock underlying the A-Warrants issued to the holder and on or prior to the close of business on the six-year anniversary of such date.