Form 4 for MODD Modular Medical, Inc.
Accepted 2022-02-22 00:00:00 ET · period of report 2022-02-06 · accession 0001019056-22-000226 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-22 | 2022-02-14 | MODD | FEBBO WILLIAM J | Dir | M - OptEx | — | +45.6K | 53.1K | +605% | — |
| DM | 2022-02-22 | 2022-02-14 | MODD | FEBBO WILLIAM J | Dir | M - OptEx | — | 0 | 0 | New | — |
| D | 2022-02-22 | 2022-02-06 | MODD | FEBBO WILLIAM J | Dir | P - Purchase | — | +23.2K | 23.2K | New | — |
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 | 2022-02-14 | M | A | 45,586 | — | 53,124 | D | — | — | (F1) The convertible promissory note (the "Note") was issued to Mr. Febbo on May 11, 2021, in the principal aggregate amount of $200,000, in connection with a private placement conducted by the Issuer. At the time of conversion, the Note had accrued interest of $18,805 and an outstanding balance of $218,805. Pursuant to its terms, the Note was automatically converted on February 14, 2022, into (i) 45,586 shares of common stock of the Issuer and (ii) warrants to purchase 45,586 shares of common stock of the Issuer. |
| 2 | Derivative | Common stock purchase warrant | 2022-02-14 | M | A | 45,586 | — | 45,586 | D | $6.60 · 2022-02-14 to 2027-02-14 | 45,586 Common Stock | (F1) The convertible promissory note (the "Note") was issued to Mr. Febbo on May 11, 2021, in the principal aggregate amount of $200,000, in connection with a private placement conducted by the Issuer. At the time of conversion, the Note had accrued interest of $18,805 and an outstanding balance of $218,805. Pursuant to its terms, the Note was automatically converted on February 14, 2022, into (i) 45,586 shares of common stock of the Issuer and (ii) warrants to purchase 45,586 shares of common stock of the Issuer. |
| 3 | Derivative | Convertible Promissory Note | 2022-02-14 | M | D | 45,586 | — | 0 | D | $6.00 · — to — | 45,586 Common Stock | (F1) The convertible promissory note (the "Note") was issued to Mr. Febbo on May 11, 2021, in the principal aggregate amount of $200,000, in connection with a private placement conducted by the Issuer. At the time of conversion, the Note had accrued interest of $18,805 and an outstanding balance of $218,805. Pursuant to its terms, the Note was automatically converted on February 14, 2022, into (i) 45,586 shares of common stock of the Issuer and (ii) warrants to purchase 45,586 shares of common stock of the Issuer. |
| 4 | Derivative | Common stock purchase warrant | 2022-02-06 | P | A | 23,229 | — | 23,229 | D | $6.00 · 2022-02-06 to 2027-02-06 | 23,229 Common Stock | (F2) The common stock purchase warrant (the "Warrant") was issued to Mr. Febbo on May 11, 2021 (the "Issuance Date"). Pursuant to its terms, the Warrant became exercisable on February 6, 2022, the day that is 271 calendar days following the Issuance Date. |