SEC Form 4 · accession 0001363763-15-000010
RespireRx Pharmaceuticals Inc. · RSPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Eliot Margolis
Officer — VP, Treasurer & Secretary · Director
Period of report
Aug 18, 2015
Accepted (ET)
Aug 20, 2015 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000849636
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Options (to purchase shares of Common Stock)F2,F1 | $0.0197 | Aug 18, 2015 | A | 10,000,000 | A | — | Aug 18, 2022 | Common Stock | 10,000,000 | 10,000,000 | D |
| Warrants (right to buy)F2,F3 | $0.035 | holding | — | — | — | — | Sep 15, 2015 | Common Stock | 507,374 | 507,374 | D |
| Common Stock Options (to purchase shares of Common Stock)F2,F4 | $0.025 | holding | — | — | — | — | Jun 30, 2022 | Common Stock | 15,000,000 | 15,000,000 | D |
| Common Stock Options (to purchase shares of Common Stock)F6,F5 | $0.05 | holding | — | — | — | — | Jul 17, 2019 | Common Stock | 5,000,000 | 5,000,000 | D |
Explanation of responses
- F1These Common Stock Options vest in four equal installments: 25 percent on December 31, 2015, 25 percent on March 31, 2016, 25 percent on June 30, 2016, and 25 percent on September 30, 2016.
- F2Mr. Margolis holds these securities jointly with his spouse.
- F3These Warrants were acquired by Mr. Margolis in his capacity as President of Aurora Capital LLC, which served as placement agent in the Company's convertible note and warrant offering, and represent his share of the Placement Agent Warrants awarded in that transaction at each closing. The Warrants are currently exercisable.
- F4These Common Stock Options vest in three installments: 50 percent on June 30, 2015, 25 percent on September 30, 2015, and 25 percent on December 31, 2015.
- F5These Common Stock Options vested in three equal installments on July 17, 2014, September 30, 2014 and December 31, 2014, and are all currently vested and exercisable.
- F6Mr. Margolis holds 50% these securities jointly with his spouse.