SEC Form 4 · accession 0001042167-17-000067
VERU INC. · VERU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell Shuster Steiner
Officer — President and CEO · Director · 10% Owner
Period of report
Jul 31, 2017
Accepted (ET)
Aug 2, 2017 · 12:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000863894
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1,F2 | Jul 31, 2017 | C | 7,058,640 | — | A | 7,704,142 | D | |
| Common Stock, par value $.01 per shareF3 | holding | — | — | — | 55,000 | I | Note |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Preferred Stock - Series 4F2,F1 | — | Jul 31, 2017 | C | 176,466 | D | — | — | Common Stock | 7,058,640 | 0 | D |
Explanation of responses
- F1Reflects 40-for-1 conversion which became effective on July 31, 2017.
- F2Each share of Class A Preferred Stock - Series 4 automatically converted into 40 shares of Common Stock of the Issuer effective July 31, 2017 in accordance with the terms of the Class A Preferred Stock - Series 4. The Class A Preferred Stock - Series 4 had no expiration date.
- F3Shares are held by the reporting person's self-directed IRA.