SEC Form 4 · accession 0001493152-18-007358
ProPhase Labs, Inc. · PRPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ted William Karkus
Officer — CEO & CHAIRMAN · Director · 10% Owner
Period of report
May 15, 2018
Accepted (ET)
May 17, 2018 · 12:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000868278
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.005 | May 15, 2018 | M | 100,000 | $1.65 | A | 2,584,849 | D | |
| Common Stock, par value $0.005 | May 15, 2018 | F | 30,275 | $5.45 | D | 2,554,574 | D | |
| Common Stock, par value $0.005 | May 15, 2018 | M | 150,000 | $2.00 | A | 2,704,574 | D | |
| Common Stock, par value $0.005 | May 15, 2018 | F | 55,046 | $5.45 | D | 2,649,528 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.65 | May 15, 2018 | M | 100,000 | D | — | Dec 18, 2019 | Common Stock | 100,000 | 0 | D |
| Employee Stock Option (right to buy)F2 | $2.00 | May 15, 2018 | M | 150,000 | D | — | Apr 27, 2024 | Common Stock | 150,000 | 450,000 | D |
Explanation of responses
- F1These employee stock options vested in annual installments of 50,000 and 50,000 shares on December 19, 2014 and 2015, respectively.
- F2There employee stock options vested in an annual installment of 150,000 shares on April 26, 2018.