SEC Form 4 · accession 0001693623-17-000008
DYNATRONICS CORP · DYNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Provco Ventures 1 LP
10% Owner
Period of report
Oct 5, 2016
Accepted (ET)
Apr 26, 2017 · 7:36 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 5, 2016 | P$0 | 8,842 | — | A | 39,795 | D | |
| Common StockF1 | Jan 3, 2017 | P$0 | 9,387 | — | A | 49,182 | D | |
| Common StockF1 | Apr 4, 2017 | P$0 | 7,814 | — | A | 56,996 | 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 Preferred StockF2 | $2.50 | Jun 30, 2015 | P | 400,000 | A | Jun 15, 2015 | — | Common Stock | 400,000 | 400,000 | D |
| A-Warrants | $2.75 | Jun 30, 2015 | P | 300,000 | A | Jun 30, 2015 | Jun 30, 2021 | Common Stock | 300,000 | 300,000 | D |
| B-WarrantsF3 | $2.75 | Jun 30, 2015 | P | 300,000 | A | — | — | Common Stock | 300,000 | 300,000 | D |
| Series A Preferred StockF2 | $2.50 | Dec 28, 2016 | P | 84,000 | A | Dec 28, 2016 | — | Common Stock | 84,000 | 484,000 | 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.