Filing Details
- Accession Number:
- 0001493152-18-002414
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-02-21 06:05:16
- Reporting Period:
- 2018-02-16
- Accepted Time:
- 2018-02-21 06:05:16
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1686850 | Motus Gi Holdings Inc. | MOTS | Surgical & Medical Instruments & Apparatus (3841) | 814042793 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1726114 | E. Gary Jacobs | C/O Motus Gi Holdings, Inc. 1301 East Broward Boulevard, 3Rd Floor Ft. Lauderdale, FL 33301 | 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, Par Value $0.0001 Per Share | Acquisiton | 2018-02-16 | 5,000 | $5.00 | 9,100 | No | 4 | P | Direct | |
| Common Stock, Par Value $0.0001 Per Share | Acquisiton | 2018-02-16 | 63,289 | $0.00 | 723,856 | No | 4 | C | Indirect | By Jacobs Investment Company LLC |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct | |
| No | 4 | C | Indirect | By Jacobs Investment Company LLC |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Series A Convertible Preferred Stock | Disposition | 2018-02-16 | 63,289 | $0.00 | 63,289 | $0.00 |
| Common Stock | Warrant (right to buy) | Acquisiton | 2018-02-16 | 72,386 | $0.00 | 72,386 | $5.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 72,386 | 2018-08-15 | 2023-02-16 | No | 4 | J | Indirect |
Footnotes
- The securities were purchased pursuant to an underwritten public offering by the Issuer. The offering closed on February 16, 2018.
- The securities are directly held by Jacobs Investment Company LLC. Reporting Person is the managing member of Jacobs Investment Company LLC. Reporting Person exercises sole dispositive and sole voting power over the shares owned by Jacobs Investment Company LLC. Reporting Person disclaims, for purposes of Section 16 of the Securities Exchange Act of 1934, beneficial ownership of such securities, except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purposes.
- Each share of Series A Convertible Preferred Stock is immediately convertible, at the option of the Reporting Person, into one share of common stock, par value $0.0001 per share (the "Common Stock"), of Motus GI Holdings, Inc. ("Motus"), and shall convert into Common Stock upon the occurrence of certain events. Please see the Motus Registration Statement filed with the Securities and Exchange Commission on Form S-1 (File No. 333-222441) (the "Registration Statement") for a complete description of the conversion rights.
- The securities were acquired as consideration for entering into one or more agreements in connection with Company's initial public offering. Please see the Registration Statement for a complete description of the warrant terms and such agreements.
Billionaire Hedge Funds
