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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options to Purchase Common Stock (1) | $ 3.45 | (1) | 09/13/2027 | Common Stock | 40,000 | 40,000 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 7.50 | (2) | 11/02/2020 | Common Stock | 20,783 | 20,783 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 7.50 | (2) | 11/20/2020 | Common Stock | 20,664 | 20,664 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 7.50 | (2) | 01/08/2021 | Common Stock | 13,679 | 13,679 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 7.50 | (2) | 03/14/2021 | Common Stock | 4,210 | 4,210 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 6.15 | (2) | 03/15/2021 | Common Stock | 18,106 | 18,106 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 4.125 | (2) | 08/08/2022 | Common Stock | 421,400 | 421,400 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 4.125 | (2) | 08/08/2022 | Common Stock | 11,000 | 11,000 | D | ||||||||
Options to Purchase Common Stock (3) | $ 6.75 | (3) | 09/12/2024 | Common Stock | 220,000 | 220,000 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 4.63 | (2) | 06/19/2023 | Common Stock | 106,553 | 106,553 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 2.86 | (2) | 09/29/2023 | Common Stock | 167,504 | 167,504 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 1.15 | (2) | 08/14/2023 | Common Stock | 3,137,255 | 3,137,255 (5) | D | ||||||||
Options to Purchase Common Stock (4) | $ 1.62 | (4) | 09/04/2028 | Common Stock | 150,000 | 150,000 | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 1.42 | (2) | 04/05/2021 | Common Stock | 1,165,048 | 1,615,048 (5) | D | ||||||||
Warrant to Purchase Common Stock (2) | $ 0.77 | (2) | 09/27/2024 | Common Stock | 2,234,700 | 2,234,700 (5) | D | ||||||||
Options to Purchase Common Stock (6) | $ 0.67 | (6) | 10/08/2029 | Common Stock | 175,000 | 175,000 | D | ||||||||
Options to Purchase Common Stock (7) | $ 1.01 | 10/06/2020 | A | 200,000 | (7) | 10/06/2030 | Common Stock | 200,000 | $ 0 | 200,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Mazur Leonard L C/O CITIUS PHARMACEUTICALS, INC. 11 COMMERCE DRIVE, 1ST FLOOR CRANFORD, NJ 07016 |
X | X | Executive Chairman |
/s/ Alexander M. Donaldson, by power of attorney | 10/08/2020 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | One-third of the shares of the Company's common stock underlying the grant vest on the first anniversary of the vesting commencement date, September 13, 2018. The remaining shares of the Company's common stock underlying the grant vest in equal monthly installments at the end of each month for two years following the initial vest, provided the Reporting Person continues to serve as a member of the Company's Board of Directors as of each such vesting date. |
(2) | The warrant is fully vested and exercisable immediately. |
(3) | The option vested as to 40% of the shares of the Company's common stock on September 12, 2014 and 15% of the shares on each of September 12, 2015, March 12 and September 12, 2016 and September 12, 2017. |
(4) | One-third of the shares of the Company's common stock underlying the grant vest on each of the one-year, two-year and three-year anniversary of the vesting commencement date, September 4, 2018, provided that the Reporting Person provides continuous services to the Company as of each such vesting date. |
(5) | The purchase price of the warrants was included in the purchase price of the common stock reported in Table 1. |
(6) | The options were granted on October 8, 2019. The options will vest 1/3 on each of the one-year, two-year and three-year anniversary of the Vesting Commencement Date, provided that the Optionee provides Continuous Service to the Company as of each such vesting date. |
(7) | The options were granted on October 6, 2020. The options will vest 1/3 on each of the one-year, two-year and three-year anniversary of the Vesting Commencement Date, provided that the Optionee provides Continuous Service to the Company as of each such vesting date. |