Filing Details

Accession Number:
0001144204-10-036461
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-02 13:00:00
Reporting Period:
2010-07-01
Filing Date:
2010-07-02
Accepted Time:
2010-07-02 16:32:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1222244 Prourocare Medical Inc. PUMD Surgical & Medical Instruments & Apparatus (3841) 201212923
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1285927 David Koenig 20200 Cottagewood Road
Deephaven MN US 55331
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $0.00001 Par Value Acquisiton 2010-07-01 5,938 $1.60 81,852 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $0.00001 Par Value 1,875 Indirect Shares held by Clinical Network Management Corp., of which reporting person is a managing officer
Common Stock, $0.00001 Par Value 26,571 Indirect Shares held by Clinical Network Inc., of which reporting person is a managing officer
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, $0.00001 Par Value Stock Options $11.33 2012-04-19 3,000 3,000 Direct
Common Stock, $0.00001 Par Value Stock Options $1.50 2016-09-29 50,000 50,000 Direct
Common Stock, $0.00001 Par Value Warrants $1.30 2010-07-11 2013-07-11 0 0 Direct
Cash Promissory Note $1.00 2010-07-11 0 0 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2012-04-19 3,000 3,000 Direct
2016-09-29 50,000 50,000 Direct
2013-07-11 0 0 Direct
2010-07-11 0 0 Direct
Footnotes
  1. Currently exercisable.
  2. Options shall vest on the latter of the date that the Company is cleared by the FDA to sell the ProUroScan System in the United States or the date the Company closes on an aggregate of $2,000,000 or more of incremental equity financing after the date of grant (including the exercise of existing warrants).
  3. On June 11, 2010, the Company executed a promissory note in the principal amount of $65,000 with a maturity date of December 1, 2010, with interest to accrue daily and payable in Warrants through July 10, 2010. (the "Note"). Warrants will accrue at a rate of 333.333 shares of common stock per day up to a maximum warrant coverage of 10,000 shares of common stock per $13,000 original principal amount of Notes, which equals a maximum warrant of 50,000 shares of common stock with respect to the Note. After 30 days, the Note will bear interest payable in cash and Warrants representing the accrued interest will be issued at an exercise price of $1.30.
  4. Issued to reporting person in lieu of cash fo accrued director's fees.