Filing Details
- Accession Number:
- 0001363763-16-000021
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-04-04 17:29:20
- Reporting Period:
- 2015-08-28
- Filing Date:
- 2016-04-04
- Accepted Time:
- 2016-04-04 17:29:20
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 849636 | Respirerx Pharmaceuticals Inc. | RSPI | Pharmaceutical Preparations (2834) | 330303583 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1573202 | Eliot Jeff Margolis | C/O Respirerx Pharmaceutcals Inc. 126 Valley Road, Suite C Glen Rock NJ 07452 | Vp, Treasurer & Secretary | 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 | 2015-09-14 | 507,374 | $0.00 | 15,618,816 | No | 4 | X | Direct | |
| Common Stock | Disposition | 2015-09-14 | 483,872 | $0.00 | 15,134,944 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | X | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Warrants (right to buy) | Acquisiton | 2015-08-28 | 325,022 | $0.00 | 325,022 | $0.02 |
| Common Stock | Warrants (right to buy) | Disposition | 2015-09-14 | 507,374 | $0.00 | 507,374 | $0.04 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2015-09-28 | 309,975 | $0.00 | 309,975 | $0.02 |
| Common Stock | Warrants (right to buy) | Acquisiton | 2015-11-02 | 939,729 | $0.00 | 939,729 | $0.02 |
| Common Stock | Common Stock Options (to purchase shares of Common Stock) | Acquisiton | 2016-03-31 | 24,000,000 | $0.00 | 24,000,000 | $0.02 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 325,022 | 2020-09-30 | No | 4 | J | Direct | |
| 0 | 2015-09-15 | No | 4 | X | Direct | |
| 634,997 | 2020-09-30 | No | 4 | J | Direct | |
| 1,574,726 | 2020-09-30 | No | 4 | J | Direct | |
| 24,000,000 | 2021-03-31 | No | 4 | A | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Options (to purchase shares of Common Stock) | $0.02 | 2022-08-18 | 10,000,000 | 10,000,000 | Direct | |
| Common Stock | Common Stock Options (to purchase shares of Common Stock) | $0.03 | 2022-06-30 | 15,000,000 | 15,000,000 | Direct | |
| Common Stock | Common Stock Options (to purchase shares of Common Stock) | $0.05 | 2019-07-17 | 5,000,000 | 5,000,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-08-18 | 10,000,000 | 10,000,000 | Direct |
| 2022-06-30 | 15,000,000 | 15,000,000 | Direct |
| 2019-07-17 | 5,000,000 | 5,000,000 | Direct |
Footnotes
- On September 14, 2015, the reporting person exercised warrants to purchase 507,374 shares of the registrant's common stock for $0.035 per share. The reporting person paid the exercise price on a cashless basis, resulting in the registrant withholding 483,872 of the warrant shares to pay the exercise price and issuing the reporting person the remaining 23,502 shares. These Warrants were acquired by Mr. Margolis in his capacity as President of Aurora Capital LLC, which served as placement agent in the Company's convertible note and warrant offering, and represent his share of the Placement Agent Warrants awarded in that transaction at each closing. The Warrants were exercisable on September 14, 2015.
- These Warrants were acquired by Mr. Margolis in his capacity as President of Aurora Capital LLC, which served as placement agent in the Company's unit offering with each unit consisting of one share of common stock and warrants to purchase two additional shares of common stock, and represent his share of the Placement Agent Warrants awarded at each closing of that transaction. The warrants are currently exercisable.
- These Common Stock Options vest in four equal installments: 25 percent on March 31, 2016 (the grant date), 25 percent on June 30, 2016, 25 percent on September 30, 2016, and 25 percent on December 31, 2016.
- Mr. Margolis holds these securities jointly with his spouse.
- These Common Stock Options vest in four equal installments: 25 percent on December 31, 2015, 25 percent on March 31, 2016, 25 percent on June 30, 2016, and 25 percent on September 30, 2016.
- These Common Stock Options vested in three installments: 50 percent on June 30, 2015, 25 percent on September 30, 2015, and 25 percent on December 31, 2015.
- These Common Stock Options vested in three equal installments on July 17, 2014, September 30, 2014 and December 31, 2014, and are all currently vested and exercisable.
- Mr. Margolis holds 2,727,273 of these securities jointly with his spouse.
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