SEC Form 4 · accession 0001042167-19-000010
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
Feb 6, 2019
Accepted (ET)
Feb 8, 2019 · 5:36 pm EST
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 StockF2 | Feb 6, 2019 | S | 3,200 | $1.5112 | D | 7,731,567 | D | |
| Common Stock | Feb 7, 2019 | S | 300 | $1.50 | D | 7,731,267 | D | |
| Common StockF3 | Feb 8, 2019 | S | 6,955 | $1.5008 | D | 7,724,312 | D | |
| Common StockF4 | holding | — | — | — | 210,000 | I | Footnote 4 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person on December 18, 2018.
- F2The price reported above is the weighted average transaction price. The range of prices for such transactions is $1.50 to $1.54. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F3The price reported above is the weighted average transaction price. The range of prices for such transactions is $1.50 to $1.505. Upon request by the Commission staff, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F4Shares are held by four individual trusts with each trust for the benefit of an adult child of the reporting person. The reporting person's brother is the trustee of each of the trusts. The reporting person disclaims beneficial ownership of these shares, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or any other purpose.