SEC Form 4 · accession 0001437749-18-007687
CTD HOLDINGS INC · CTDH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
N Scott Fine
Officer — Chief Executive Officer · Director
Period of report
Apr 23, 2018
Accepted (ET)
Apr 25, 2018 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922247
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF2,F3,F1 | $0.25 | Apr 23, 2018 | P | 1,000 | A | — | — | Common Stock | 400,000 | 2,000 | D |
| Warrant to Purchase Common StockF2 | $0.25 | Apr 23, 2018 | P | 400,000 | A | Apr 23, 2018 | Apr 23, 2025 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1The Series B Convertible Preferred Stock ("Series B Preferred") will automatically convert into Common Stock on the date the Issuer effects an increase of its authorized shares of Common Stock and/or a reverse stock split so that it has a sufficient number of authorized and unissued shares of Common Stock to permit the conversion or exercise, as applicable of all outstanding shares of Series B Preferred, warrants, options and other convertible securities of the Issuer.
- F2The reported securities consist of 1,000 "Units" purchased by the reporting person for $100 per Unit. Each Unit consists of one share of Series B Preferred and warrants to purchase 400 shares of Common Stock.
- F3Includes 1,000 shares of Series B Preferred held by the pension plan of a limited liability company of which the reporting person is the sole member.