Form 4 for RYM RYTHM, Inc.
Accepted 2022-12-21 00:00:00 ET · period of report 2022-12-20 · accession 0001213900-22-081793 · 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 | 2022-12-21 | 2022-12-20 | RYM | Chang Raymond Nobu | CEO, COB, Dir | P - Purchase | $0.65 | +2.31M | 2.36M | +4,286% | +$1.50M |
| DI | 2022-12-21 | 2022-12-20 | RYM | Chang Raymond Nobu | CEO, COB, Dir | P - Purchase | — | +4.62M | 4.62M | 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 | 2022-12-20 | P | A | 2,307,692 | $0.65 | 2,361,538 | I By RTC3 2020 Irrevocable Family Trust | — | — | (F1) The reported securities were purchased by the reporting person for a combined purchase price of $0.65 per share of common stock and two warrants in connection with the issuer's underwritten public offering that closed on December 20, 2022. (F2) Held by RTC3 2020 Irrevocable Family Trust, of which the reporting person retains the authority to remove the independent trustee. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 2 | Derivative | Warrants (right to buy) | 2022-12-20 | P | A | 4,615,384 | — | 4,615,384 | I By RTC3 2020 Irrevocable Family Trust | $0.65 · — to — | 4,615,384 Common Stock | (F1) The reported securities were purchased by the reporting person for a combined purchase price of $0.65 per share of common stock and two warrants in connection with the issuer's underwritten public offering that closed on December 20, 2022. (F2) Held by RTC3 2020 Irrevocable Family Trust, of which the reporting person retains the authority to remove the independent trustee. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. (F4) Each warrant will be exercisable during the period beginning on the date when approval for such exercise is obtained from the issuer's stockholders and ending five years thereafter, at an exercise price of $0.65. |