Form 4 for MODD Modular Medical, Inc.
Accepted 2025-03-24 00:00:00 ET · period of report 2025-03-20 · accession 0000919574-25-002089 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2025-03-24 | 2025-03-20 | MODD | MANCHESTER MANAGEMENT PR, LLC | Dir by Deputization | P - Purchase | $1.92 | +520.8K | 3.81M | +16% | +$1000.0K |
| D | 2025-03-24 | 2025-03-20 | MODD | MANCHESTER MANAGEMENT PR, LLC | Dir by Deputization | P - Purchase | $1.92 | +156.2K | 422.0K | +59% | +$300.0K |
| D | 2025-03-24 | 2025-03-20 | MODD | MANCHESTER MANAGEMENT PR, LLC | Dir by Deputization | A - Grant | $1.12 | +78.1K | 78.1K | New | +$87.5K |
| DI | 2025-03-24 | 2025-03-20 | MODD | MANCHESTER MANAGEMENT PR, LLC | Dir by Deputization | A - Grant | $1.12 | +260.4K | 260.4K | New | +$291.7K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.001 per share | 2025-03-20 | P | A | 520,832 | $1.92 | 3,805,575 | I See footnote | — | — | (F1) Manchester Explorer, L.P. ("Explorer") acquired 260,416 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025. (F2) The reported securities are owned directly by Explorer and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) and James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 2 | Common | Common Stock, par value $0.001 per share | 2025-03-20 | P | A | 156,250 | $1.92 | 422,000 | D | — | — | (F3) James E. Besser acquired 78,125 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025. (F4) The reported securities are directly owned by James E. Besser in his personal capacity. |
| 3 | Derivative | Common Stock Purchase Warrant | 2025-03-20 | A | A | 78,125 | $1.12 | 78,125 | D | $1.12 · 2025-03-25 to 2029-03-25 | 78,125 Common Stock, par value $0.001 per share | (F3) James E. Besser acquired 78,125 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025. (F4) The reported securities are directly owned by James E. Besser in his personal capacity. |
| 4 | Derivative | Common Stock Purchase Warrant | 2025-03-20 | A | A | 260,416 | $1.12 | 260,416 | I See footnote | $1.12 · 2025-03-25 to 2029-03-25 | 260,416 Common Stock, par value $0.001 per share | (F1) Manchester Explorer, L.P. ("Explorer") acquired 260,416 units consisting of two shares of Common Stock, par value $0.001 per share and one warrant to purchase one share of Common Stock, par value $0.001 per share. It is anticipated that the warrants will become exercisable on or about March 25, 2025. (F2) The reported securities are owned directly by Explorer and may be deemed to be indirectly beneficially owned by (i) Manchester Management Company LLC ("Manchester Management"), the general partner of Explorer, (ii) Manchester Management PR, LLC ("Manchester PR"), the investment adviser to Manchester Management, (iii) and James E. Besser, the managing member of Manchester Management and Manchester PR. The Reporting Persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Persons are the beneficial owners of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |