SEC Form 4 · accession 0001637834-15-000004
DYNATRONICS CORP · DYNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Cardon
Officer — VP Admin
Period of report
Jun 30, 2015
Accepted (ET)
Jul 10, 2015 · 5:57 pm EDT
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 stock | holding | — | — | — | 8,700 | 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 | $0.00 | Jun 30, 2015 | P | 10,000 | A | — | — | common stock | 10,000 | 10,000 | D |
| A-WarrantsF3 | $2.75 | Jun 30, 2015 | P | 7,500 | A | Jun 30, 2015 | Jun 29, 2021 | common stock | 7,500 | 7,500 | D |
| B-WarrantsF3,F4 | $2.75 | Jun 30, 2015 | P | 7,500 | A | — | — | common stock | 7,500 | 7,500 | D |
| stock option | $5.00 | holding | — | — | — | May 1, 2013 | May 1, 2018 | common stock | 2,000 | 2,000 | D |
Explanation of responses
- F1The Series A Convertible Preferred Stock has no expiration date.
- F2The Series A Convertible Preferred Stock has no exercise date.
- F3In connection with the purchase of Series A Convertible Preferred Stock, Reporting Person received A & B warrants for no additional consideration.
- F4The B-Warrants are exercisable any time after the date that the Reporting Person has purchased all of the shares of common stock underlying the A-Warrants issued to the Reporting Person and on or prior to the close of business on the six year anniversary of such date.