SEC Form 4 · accession 0001693623-17-000007

DYNATRONICS CORP · DYNT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Oct 5, 2016

Accepted (ET)

Apr 26, 2017 · 7:09 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
Common Stock^F1	Oct 5, 2016	P$0	885	—	A	9,687	D
Common Stock^F1	Jan 3, 2017	P$0	939	—	A	10,626	D
Restricted Common Stock^F2,F3	Jan 15, 2017	P$0	2,944	—	A	2,944	D
Common Stock^F3	Jan 15, 2017	P$0	2,945	—	A	13,571	D
Common Stock^F1	Apr 4, 2017	P$0	782	—	A	17,297	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Series A Preferred Stock^F4	$2.50	Jun 30, 2015	P	40,000	A	Jun 30, 2015	—	Common Stock	40,000	40,000	D
A-Warrants	$2.75	Jun 15, 2015	P	30,000	A	Jun 30, 2015	Jun 30, 2021	Common Stock	30,000	30,000	D
B-Warrants^F5	$2.75	Jun 15, 2015	P	30,000	A	—	—	Common Stock	30,000	30,000	D
Series B Preferred Stock^F6	$2.50	Dec 28, 2016	P	8,000	A	Dec 28, 2016	—	Common Stock	8,000	8,000	D

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.
F2Shares subject to forfeiture if service as a director terminates before July 15, 2017.
F3Shares issued as compensation for services as a director of the Issuer, valued at $2.55 per share.
F4The Series A Convertible Preferred Stock has no expiration date.
F5The 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.
F6The Series B Convertible Preferred Stock has no expiration date.