SEC Form 4 · accession 0001637834-15-000007
DYNATRONICS CORP · DYNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart Essig
10% Owner
Period of report
Oct 8, 2015
Accepted (ET)
Oct 13, 2015 · 3:24 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 stockF1 | Oct 8, 2015 | J | 15,885 | $0.00 | A | 15,885 | 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 | $0.00 | holding | — | — | — | Jun 30, 2015 | — | common stock | 880,000 | 800,000 | D |
| A-Warrants | $2.75 | holding | — | — | — | Jun 30, 2015 | Jun 29, 2021 | common stock | 660,000 | 660,000 | D |
| B-WarrantsF3 | $2.75 | holding | — | — | — | — | — | common stock | 660,000 | 660,000 | D |
Explanation of responses
- F1Payment of quarterly dividends on 8% Series A Preferred Stock in shares of common stock valued at 90% of 10-day average closing bid price.
- F2The Series A Convertible Preferred Stock has no expiration date.
- F3The 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.