Filing Details
- Accession Number:
- 0000914190-15-000387
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-08-31 16:24:53
- Reporting Period:
- 2015-08-27
- Filing Date:
- 2015-08-31
- Accepted Time:
- 2015-08-31 16:24:53
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1196298 | Nephros Inc | NEPH | Surgical & Medical Instruments & Apparatus (3841) | 133971809 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1411726 | Daron Evans | C/O Nephros, Inc. 41 Grand Avenue River Edge NJ 07661 | President And Ceo | Yes | Yes | 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 | Acquisiton | 2015-08-27 | 19,175 | $0.56 | 144,759 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2015-08-28 | 5,000 | $0.58 | 149,759 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2015-08-28 | 10,000 | $0.60 | 159,759 | No | 4 | P | Direct | |
| Common Stock | Acquisiton | 2015-08-31 | 10,000 | $0.57 | 169,759 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | P | Direct | |
| No | 4 | P | Direct | |
| No | 4 | P | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | $0.46 | 2024-03-26 | 75,361 | 75,361 | Direct | |
| Common Stock | Stock Option (Right to Buy) | $0.60 | 2025-04-15 | 764,468 | 764,468 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-03-26 | 75,361 | 75,361 | Direct |
| 2025-04-15 | 764,468 | 764,468 | Direct |
Footnotes
- 25,120 shares vest on each of 3/26/14 and 3/26/16, and 25,121 shares vest on 3/26/15.
- On 4/15/2015, the Reporting Person was granted an option to purchase up to 2,184,193 shares of common stock of the Issuer. 35% of the shares subject to the option (relating to a total of 764,468 shares) vest quarterly in 16 equal amounts, commencing on 6/30/2015. 15% of the shares subject to the option will vest, if ever, upon the listing of the Issuer's common stock on NASDAQ, NYSE, or such other exchange as the Board may later determine. The remaining 50% of the shares subject to the option will vest, if ever, upon the Issuer's achievement of certain annual revenue milestones as specified in that certain Employment Agreement dated 4/15/2015 between the Reporting Person and the Issuer.
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